Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 183.75

-1.5%

10:41 AM EST

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To: tonyt who wrote (6769)	9/17/1997 8:12:00 AM
From: Henry Niman	of 32384

Tony, As I said, "A fool and his money are soon parted." The game that the MMs are playing is pretty obvious to anyone paying attention (actually, some of the games being played on this board are also pretty obvious). Most readers of this board know who's buying and who's selling. They have also read about Bear Stearns and Lehman Brothers recent BUY (highest rating) reiterations, predicting the mega diabetes deal in 2-5 weeks, and its not that hard to imagine what that will do to LGND's stock price. Why would anyone "soon wish" to be "out at 15"? Is the big boy's buying at the full ask price yet another of your "bad signs"?

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