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Biotech / Medical : Ligand (LGND) Breakout!
LGND 197.62+0.1%Dec 24 12:59 PM EST

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To: Arthur Radley who wrote (29224)8/31/1999 8:00:00 PM
From: RWReeves  Read Replies (1) of 32384
 
LGND been doing a pretty good imitation of a dead dog lately. Was surprised to see it drop below 7. I've seen this listless downdrift before after a big fall. I think it will take some real big news to bring interest back into LGND, since there's a lot of other biotech to trade on momentum

I've loaded up all I can afford at this price and suspect there are a few Pharma's looking at doing the same. This one is pipeline city and should find a nice home someday soon.

Buy and hold.

RWR
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