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Biotech / Medical : Ligand (LGND) Breakout!
LGND 200.79-0.2%Nov 14 9:30 AM EST

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To: Henry Niman who wrote (13997)1/30/1998 11:50:00 PM
From: CYBERKEN  Read Replies (5) of 32384
 
I've traded a few of these ranges and it looks like I was "premature" deciding that Ligand was about to move up to a higher range over the last several months. Still holding long because the game at these levels is truely short lived. Sure signs of a near-bottom in Ligand:

TA posters explaining logically and patiently why there's absolutely no hope.

Big blocks moving but no up or down direction resulting.

Someone seriously calling Tony a genius.

More posts about Big Pharma mergers than Ligand (sorry Henry).

Considerable lack of wine bets, cavalry, rockets.

...Nothing but the murky bottom of Lake Ligand. As for me, I'm grabbing more warrants and floating back to the surface.
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