Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 203.50

-1.6%

3:59 PM EST

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To: bob zagorin who wrote (17548)	3/17/1998 9:13:00 PM
From: RXGOLF	Read Replies (3) of 32384

<<my take, fwiw, buying enthusiasm has waned, at least temporarily, but there's no fundamental reason to sell. worst case it could close the gap down to 14 or so but the upside is bigger on news>> I really didn't know of any big negatives last time we went to 11. I don't see eleven again, but since we have no earnings, it seems like at this point we need constant positive news to keep our heads above 16. Maybe that will end after the NDA??? Till then, your bop seems to be a good indicator of which way the money wants to go. If indeed the NDA is coming this quarter, it will take some quick trading to take advantage of this little down draft.Thanks for the update, and keep us posted. Good luck, RXGOLF

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