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Biotech / Medical : Ligand (LGND) Breakout!
LGND 183.37-1.4%10:37 AM EST
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To: Andrew H who wrote (7355)9/23/1997 9:42:00 PM
From: lavalamp   of 32384
 
Andy,

IMO, U R wrong (:>)

It was the MMs fault, pure and simple...they were following this thread and thought to take out the shares that someone had stop losses on... It pays to not set the stops to close..

I have looked back at that trading time period and we had shares selling at the ask approximately in the same volume as the shares sold at the bid....and yet the price dropped...me thinks being paranoid simply means they really are out to get you <VBG>

BTW, I am just half joking about the MM's...<G>
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