Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 193.05

+1.7%

Dec 15 3:59 PM EST

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To: Henry Niman who wrote (4569)	8/5/1997 4:38:00 PM
From: Arthur Radley	of 32384

To Henry and All LGNDers: We are all looking for good news with the stock price and we should be pleased with the price action today. Nearly 40% of the volume today took place at the close of trading and it looks like they were all buy orders since it closed at its high for today. As I posted earlier, I also like to follow the option trading in LGND. Go back several days and look at a post I made concerning the NOV 15 calls. The same action took place today with a buy of 75 contracts(7500shares)for the Nov 121/2 near the close and again the buying was outside of the prevailing asked price over the past few days. The volume in the LGND option is very light and they seldom trade. Who knows!.....maybe there is good news just ahead.

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