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Biotech / Medical : Ligand (LGND) Breakout!

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To: Torben Noerup Nielsen who wrote (29493)11/27/1999 8:27:00 PM
From: D.Lu  Read Replies (2) of 32384
 
Came to the same conclusion. The warrents sat still while the common climbed and then played catch up later on. The volume on both leads me to believe that there is a buyer in a hurry to accumulate, perhaps ahead of news soon to come. From another perspective, LGND's price is embarassingly low compared to some other biotechs that formerly tended to track together- ie ISIP VCAL.

Yes Texas, an orchestrated shakeout of the warrent holders may contribute as well. I'm ready to believe most anything. May the best come to be. This stock is long overdue for a runup IMO.
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