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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: squetch who wrote (7495)9/25/1997 3:20:00 AM
From: HerbertOtto   of 32384
 
Perhaps the MMs need some news to move the stock.
There is plenty here for either a break-out or a shake-out.
How many holders would become discouraged if LGND
opened down 2? Or how about gap open at 17 1/2 and
then down all day? Do you know anybody who still needs
to buy LGND? Is this news as good as expected? Better?
Thanks to Henry, many already expected this news. Is
this the news to sell into? When will they really show us
some money?
Just questions. I will add more to my position if LGND
trades down to 14 1/2 or so. Else will wait for the real
break-out above 19 3/4... maybe tomorrow. Right now
there is a great ralley in the semiconductor equipment
stocks.
Does anyone have any comments on RZYM?
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