Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.29

-0.3%

3:59 PM EST

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To: tonyt who wrote (17546)	3/17/1998 7:53:00 PM
From: John O'Neill	Read Replies (2) of 32384

Well.............. I sold 2/3 of my LGND holdings at 15 9/16 today. It remains my favorite biotech, but looks to me like it needs to test the $13 1/2 area. If it does test that, I'll be back big time. I think that test would put LGND on stronger ground for strong breakout of $18. I didn't sell it all..ya never know..I also sold MLNM position (100%) today, so no discrimination against LGND JO...I'll have to check back in a couples of weeks to see if this was good call.......I can always blame it on tonyt ....

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