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Biotech / Medical : Ligand (LGND) Breakout!
LGND 208.29-0.3%Nov 11 3:59 PM EST

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To: shasta23 who wrote (18800)4/7/1998 1:43:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
There are several sites for 1 minute charts. One is linked to financial section at home.att.net and it can be accessed directly at:
fast.quote.com

There were two sets of paired trades of about 10K each. I saw the tape for the first two which were executed about a minute apart. One was at the high of the day (which was 15 1/2) and the other was at the bid price of 15 3/8. Later there was another pair which had little effect on LGND's price. They went off at approximately 15 and 14 7/8. After a few trades of 14 3/4, the price rose. It seems unlikely that the paired trades were sells. One was at the high for the day and the other had virtually no effect on LGND's price, which rose shortly after the trades.
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