Henry Niman wrote:
"Today's close (15 15/16) was the highest since 10/23/97 and home.att.net just passed the 15,000th hit mark. Last week, home.att.net passed the 10,000 hit mark. Viewers (over 25,000 hits) must like what they see. Since the site was set up, a little over a month ago, LGND has gained over 5 points or about 45%."
Henry, with all due respect, I think this is going a little bit overboard. Folks should bear in mind that for each of Henry's web pages, each "viewer" equals, at my count, 3 "hits": one for the page itself, and two for each of the graphic images at the bottom of the page.
So, 10,000 hits means approximately 3,333 "views". Figure 5-10% are probably Henry himself, and you're left with about 3000 views. Likewise, 15,000 hits means approximately 5,000 page views.
Here's hoping that Henry isn't implying that there is a correlation between the rise in LGND stock price and the appearance of his web pages. I would heavily doubt any such correlation.
I appreciate all the work Henry does to organize and collect information for people interested in Ligand stock, believe me. It's just that sometimes I think Henry gets a wee little bit over-enthustiastic. :-) |
