Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 185.97

-0.4%

Feb 10 3:59 PM EST

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To: MulhollandDrive who wrote (7313)	9/23/1997 5:12:00 PM
From: Arthur Radley	of 32384

>>so far have not seen necessary volume to propel a breakout>> Betty which stock have you been watching? Until recently the average daily trading volume in LGND was 200.0. Over the past few weeks it has average 500.00 a day. Considering that there are only about 30Million shares outstanding and nearly 50% are held by institutions and insiders, the volume over the past few weeks probably represents well over 50% of the freely traded shares. Are you know going to give us the AMLN story all over again and that prudent investors should wait for the LGND breakout before we invest? Betty! Betty! Since August 1 LGND is up 33%. Not down 50% like AMLN.

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