Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.36

+1.4%

Nov 26 3:59 PM EST

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To: RXGOLF who wrote (29716)	12/22/1999 4:03:00 PM
From: Torben Noerup Nielsen	Read Replies (1) of 32384

Maybe they'll announce the Targreting results the day after the warrants expire just to spite those of us who finally held on to them :-) It is interesting to note that the market is putting a differential of only a bit over 6 on the warrants right now; i.e., the same that Ligand was offering for an early conversion. The stock has also been acting funny today. There's been a lot of small trades going off in between the bid/ask and since they didn't effect the bid/ask sizes, I'm guessing that someone is playing games. The stock seems to be the most active in the morning and far less so in the afternoon. The average trade size has been steadily declining throughout the day for several days now. But each morning there's been a pickup of shares at a premium and it hasn't been in small lots. I'm home sick and since I just got back from a trip to Europe, my body hasn't adjusted. So I've been watching it all blow by blow for the entire day :-) Cheers, Torben

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