Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 190.43

-0.7%

Feb 6 9:30 AM EST

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To: MulhollandDrive who wrote (7406)	9/24/1997 5:57:00 PM
From: Arthur Radley	of 32384

Betty,Concerning your suggestion that I check with my broker to get a read on the OBV line is impossible since I don't use brokers. Your broker I assume put you in AMLN and look at it now. My research put me into LGND and needless to say I'm pleased with the performance of the stock price. Granted, I have been wrong before with IFMX only one example. Our debate over the volume of LGND is really wasting your time and mine. Suffice it to say that over the past few weeks the volume in LGND has propelled it to a 52 week high and only in the past two days has the volume been muted. The next move up for LGND will be news related which will translate to higher volume. Just for your information, I looked at AMLN a great amount of time before deciding to invest in LGND. LGND won out because of the broad-based product potential as opposed to AMLN strictly being a diabete pointed company..In closing, tell your broker to take another look at LGND, he can't be wrong two times in a row. Good Luck in your investing!

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