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Biotech / Medical : Ligand (LGND) Breakout!
LGND 197.01-2.9%3:59 PM EST
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To: Andreas Helke who wrote (17316)3/12/1998 2:57:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
Andreas, I agree that LGND's news pipeline as almost as full as its product pipeline and was a bit surprised by "glancing" posts. Now we are down to 3 hour comparisons between LGND and whatever. Usually it takes a one or two point drop before the naysayers come out of the woodwork. LGND ran from under 11 (heading for 10) to 16 1/2 in a little over a month and now we hear talk about bad bets after a 1/4 point dip.
Actually, clearing out those weak hands would set the stage for a major move up.
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