Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.54

+3.2%

Jan 9 9:30 AM EST

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To: bluejeans who wrote (20767)	5/14/1998 2:10:00 PM
From: HerbertOtto	Read Replies (4) of 32384

LGND trades 100K block on uptick - at day's high. Now we know why it was so quiet in the zone just below the 200 dma. The MMs were accumulating stock to fill these blocks. 100K + 14 1/8 @ 1:49pm EDT at day's high 90K + 14 1/8 @ 1:50am EDT 16.3K + 14 5/16 @ 1:51am EDT new high for day That is the kind of volume / sponsorship needed to break out above the 200 dma and keep going. Good luck, Herbert

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