Ligand (LGND) Breakout! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Ligand (LGND) Breakout!

LGND 183.20

-0.5%

Dec 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WTDEC who wrote (17048)	3/11/1998 12:18:00 AM
From: HerbertOtto	Read Replies (2) of 32384

Walter, Low volume advances make me feel uneasy as well, but the only time high volume is needed is when LGND pushes into new high levels - eg. over 16. If it pops up over 16 with little volume, it will probably attract those sellers, and fall back under the pressure. On the other hand, at times low volume can be the 'wall of worry' that is needed for the advance to continue. It all will become apparent in hindsight. Ask me for an interpretation a year from now. One little pull-back to 14 wouldn't hurt anybody. It will only last for one or two days, followed by a surging rally to 18. That would make us all feel good - don't you think? Good luck, Herbert ps. If you need any more excitement, it looks as if ISIP may be starting to move. They are presenting re. cancer next week 3-16 or 3-17. Herbert

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next