Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.07

-3.4%

Nov 20 3:59 PM EST

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To: Lyn Benson who wrote (25728)	9/24/1998 12:45:00 AM
From: Webhead	Read Replies (1) of 32384

Hi Lyn, With today's action LGND's new P&F price objective moved up to (gulp) $19. Untill we get a higher base the "official" stop loss point would be $5 with the double bottom break (personally, I wouldn't wait that long!). I'll wave my hands a lot and say look for a pullback from resistance at $10.5-11 to $9 but there is certainly no guarantee of a pullback. I don't chart LGNDW (though I own it) because I feel that LGND is less subject to the wild volitility that often hits LGNDW (plus I only have so much time to hand chart). Ed

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