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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: Proton who wrote (14661)2/11/1998 10:28:00 PM
From: Andrew H  Read Replies (3) of 32384
 
While I think we will see a price pop tomorrow, I don't expect anything too large. After all, its only rats here and there are a lot of shares outstanding. Still the news is extremely encouraging for LGND shareholders as well as those suffering from breast cancer.

Sometimes fundamentals overshadow resistance, though.

It is interesting that about once a year LGND comes out with some amazing breakthru--first there was leptin, then diabetes and now breast cancer. These guys are definitely doing something right and that's why long term shareholders will be richly rewarded despite the oinking from the barnyard.
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