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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.84+2.8%Nov 18 3:59 PM EST

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To: Andrew H who wrote (4810)8/15/1997 4:12:00 PM
From: Henry Niman   of 32384
 
Andy, I suspect some of the wierd action today had to do options exploration. Price came back at the close, but after several buys at 12, the MMs made the bid and ask 11 15/16!

Henry

On a point basis, today was second worst loss ever for the Dow (down almost 250 points).
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