Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 197.88

-1.2%

Dec 22 3:59 PM EST

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To: WTDEC who wrote (19214)	4/17/1998 9:25:00 PM
From: Machaon	Read Replies (2) of 32384

<< "but LGND frequently seems to trade lower just before expiration dates.">> <<But not on this expiration date (:-} >> I wonder if today's $.75 "up" action was "options" related? Any other trading day, if I saw a stock jump up, at the end of the day, on nice volume, I'd think that it was a positive sign of a possible breakout. Buts......... On options expiration day, the $.75 could be a false rally. I guess we will find out, on Monday, if LGND can hold above the $15 level, or go higher. Whatcha thunk? Regards, Bob

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