Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 184.82

-2.0%

Dec 5 9:30 AM EST

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To: Cheryl Galt who wrote (29119)	8/6/1999 1:49:00 PM
From: Webhead	Read Replies (1) of 32384

" Window shopping" is probably as accurate as any other explanation! Since there is no price data, it is possible that these interest messages are below current prices and should only be inferred as support, though since we dont know the $ this data might not be terribly usefull. Certainly, trading has been lethargic today. The interest messages coupled with decent volume and price trending do seen usefull in providing a measure of increasing demand. When the volume is this low and price drops and bounces around, I have no idea what to expect. I just posted the original observation because it is unusual to see such a large interest message for lgnd and in case the flood gates were opening. Instead, I think we have a LARGE bottom fisher... All IMHO, Ed

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