Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 197.01

-2.9%

Dec 1 3:59 PM EST

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To: Alper H.YUKSEL who wrote (16378)	3/4/1998 8:48:00 AM
From: Henry Niman	Read Replies (1) of 32384

Alper, Although TA is not may area, it does seem that LGND's price is moving up rather steadily, without much resistance. It went through 15 1/4 yesterday and today the ask has been raised back to 15 3/8 before the open. The amount of upcoming good news is rather impressive, and right now it looks like retail is in the buying mode. With a potential for 4 NDA filings this year, the big boys have to be looking. When they come on board with both feet, I expect LGND to escape from the oscillating patten that it has been in for the past couple of years.

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