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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.84+3.8%Nov 24 3:59 PM EST
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To: Torben Noerup Nielsen who wrote (14393)2/6/1998 8:31:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
Torben, I expect things to look great on Monday. After the close today another 25K of LGND was bought at 12 15/16. Today's move takes LGND above it's 50 day moving average and eliminates margin calls. The upcoming moves should clear out any remaining weak hands and this time we may even be able to handle the day and short term traders when the big boys jump in with both feet.
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