Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.01

-0.4%

3:59 PM EST

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To: bob smith who wrote (20229)	5/8/1998 1:39:00 PM
From: Henry Niman	Read Replies (2) of 32384

bob, If you look at the bottom of the page, the high for the day is also displayed (14 1/4 so far). As I have said many times in the past, the naysayer's hindsight is far from 20/20. LGND moved up to 14 1/4 very quickly as buyers moved in early. Later a few there was a 35K swap (at 13 7/8 and 14) as well as a few more large trades at the full ask price of $14. In the past, a volume increase due to large block swapping has preceded a major move up. I expect a re-run.

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