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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 3:59 PM EST

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To: Henry Niman who wrote (30036)1/9/2000 11:08:00 PM
From: Torben Noerup Nielsen  Read Replies (1) of 32384
 
Henry,

>I would say $20 by noon!

No way. If the ABC results were to be announced and be anywhere *close* to the murine results, trading would be halted prior to the announcement and I doubt it would resume till the afternoon at which point, $20 would be history. Ligand wouldn't touch it!

More realistically, if they had a keg of dry powder *that* big, don't you think they'd be in the Grand Ballroom?

Yes, I would like to see this, but I don't want to get my hopes up that high.

By the way, does anyone know the most recent short position in LGND?

Thanks, Torben
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