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Biotech / Medical : Ligand (LGND) Breakout!
LGND 207.94+2.7%3:35 PM EST

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To: bob zagorin who wrote (29360)11/8/1999 3:43:00 PM
From: J Stone  Read Replies (1) of 32384
 
Price strength is continuing to build. With the LGND hitting 9 and LGNDW hitting 3, my model is totally at a loss for projecting movements with resistance points. However, I believe this pattern is reminiscent of a year ago as the price gathered strength prior to the expected FDA rulings on Panretin and ONTAK. If Targretin capsules get a clean approval from the FDA, it should create a strong resistance floor for the stock.

Anyone know anything about the ABC trials?

Jeff
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