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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.62-1.6%3:59 PM EST
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To: Wallace Rivers who wrote (24204)8/8/1998 9:55:00 PM
From: tonyt  Read Replies (1) of 32384
 
>What do I think of the 7900 shares that went off at 10 1/4? If the stock goes
>higher, it was a good trade, substantially higher, a great trade. Lower, a not so
>good trade.

Didn't LGND have some 'not so good after hours trades' last week?

Here's something to consider: All stocks that really trade after hours (i.e. MSFT, DELL, etc (these are examples I don't mean to imply that these are the only two stocks that trade after hours, gotta be sooooo careful in what is said) ) also trade before the open. When was the last time LGND traded before the bell? These 'after hours' trades are MM adjustments. For all we know, the 10 1/4 could have been cancelled.

--Tony
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