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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.01-0.4%3:59 PM EST

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To: Hippieslayer who wrote (19030)4/14/1998 10:10:00 AM
From: Russian Bear  Read Replies (1) of 32384
 
<<BTW, does the fact that lgnd has been dropping on relatively light volume mean anything to anyone?>>

Yes. To me, it means that those April 15 puts I wrote last week are likely to be exercised, and I will probably be assigned some more LGND shares. I will get back to you later on whether that is a good thing, or not.

RB

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