Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 195.44

-1.3%

Jan 27 3:59 PM EST

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To: Andrew H who wrote (10174)	10/26/1997 7:49:00 PM
From: Arthur Radley	Read Replies (2) of 32384

Both XOMA and ZITL and the other stocks are only short term plays.ZITL is to report earnings(excuse me!Lack of earnings on Thursday) and so far I've picked up 5 points on the downside glide. If anything, I expect XOMA to show some action this next week allowing me to get out shortly. I didn't think that LGND had any underlying support last week when I threw a 5000 share block on the market with an open ticket. Those blankety-blank MM's immediately filled 1000 at the bid and proceeded to clip me 3/8 on the other 4000. I shall return. Please wait for me at these levels. If it is any consolation my wife (in her new shoes) is mad with me for selling what I did of LGND.(:>)

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