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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 3:59 PM EST

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To: Mudcat who wrote (20083)5/5/1998 11:36:00 AM
From: Henry Niman  Read Replies (2) of 32384
 
Mudcat, LGND's move on the disappearance of breast cancer is VERY easy to see on a daily chart:

techstocks.com

LGND first jumped on a positive earnings surprise (from about 11 to 13 1/2) on Feb 6, and then jumped again (to 16) on Feb 12 when the breast cancer press release came out (in both cases the press release came out the night before, Feb 5 and Feb 11, after the close).

These gaps higher were based on the news of the day, not the NDA.
I think that the gaps higher are obvious to anyone who would care to look.
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