Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 198.69

+2.0%

Dec 18 3:59 PM EST

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To: Gottfried who wrote (3857)	7/1/1997 12:46:00 AM
From: bob zagorin	of 32384

Murphy's (CTSL) theory to explain weakness in a wide range of biotechs (VICL, RZYM etc.) is end of q. window dressing as biotechs have been weak performers and MM's want them out of Q reports. LGND still looks strong from TA / TC2000..closed at high on good volume; Money Stream headed up, BOP still solidly up in green although it backed off some today..all in all, having gone from 9.25 to 14 in short order, LGND has established pretty good support in mid-12s and, I think, is ready to move up significantly on the first sign of good news...

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