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Biotech / Medical : Ligand (LGND) Breakout!
LGND 197.62+0.1%Dec 24 12:59 PM EST

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To: WTDEC who wrote (19264)4/18/1998 9:04:00 AM
From: Dan O.  Read Replies (2) of 32384
 
Walter, I agree completely. There was not enough option volume to justify this move. On a cautious note however, I think that part of the final hour's bull run (in the general market) was partially caused by the option expiration and would not be surprised by a general sell off at the open on Monday. And lgnd could be caught up in that. But since I don't trade this stock (I only buy it) we could see a short artificially created window of opportunity. But I still don't think we'll see 14.

Dan
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