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Biotech / Medical : Ligand (LGND) Breakout!
LGND 198.02-1.4%Jan 26 3:59 PM EST

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To: lavalamp who wrote (10104)10/24/1997 9:54:00 PM
From: Arthur Radley  Read Replies (1) of 32384
 
Lava,
I sinned in a major way Thursday at 16.25. I wanted to raise cash for a better day and also add to my favorite short. Looks like for once I moved in the right direction as my favorite short has given me a 2.50 point drop over the past few days and has broken well below the 20.00 support level. After earnings next week the elevator will not stop at 10.00. When the market and LGND finds a good support level I will be back in.
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