Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 188.97

-0.6%

Dec 31 3:59 PM EST

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To: Bryce Elkins who wrote (18702)	4/6/1998 2:55:00 PM
From: shasta23	Read Replies (1) of 32384

You could've picked it up at 15 1/4 and felt even more lucky! Again this stock needs a news release to stop the technical breakdown. Every time we were getting close to breaking down a nice report came out which held up the price. Will it happen again? BTW the chart looks now just like the beginning of October when the ride to 11 began. THe difference this time is that the stocks wasn't even able to push to a new high after the little rest from 03/19-03/27. Another sign of weakness it that there are hardly any days out of the last 20 where the stock could close up from the opening(it's like 4 out of 18 days). So if there is a news release tonite after the conference(or was that tomorrow?) and the stock pops tomorrow than you might call yourself lucky otherwise you might be able to pick up more stock even lower. Stefan

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