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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 9:30 AM EST

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To: Alper H.YUKSEL who wrote (29952)1/7/2000 3:38:00 PM
From: Torben Noerup Nielsen  Read Replies (1) of 32384
 
Hubris and Nemesis :-)

Don't take it too seriously. We've seen good volume today and we seem to be inversely correlated with the NASDAQ. Right now, there's a major rally going on that side and that is going to take some of the liquidity away from biotechs. I would be happy to see us close in positive territory on this kind of volume. We've come up fast and because of the history of this stock, we do have to stop and clean up along the way before we can move forwards.

It's going to take real news to move us much further I think.

Cheers, Torben
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