Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.53

+1.5%

Jan 21 3:59 PM EST

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To: Alper H.YUKSEL who wrote (27256)	1/6/1999 4:32:00 PM
From: J Stone	Read Replies (1) of 32384

Alper, The resistance point really has not been broken as the stock failed to close above 12.25 - 12.5. Strong early volume propelled the price up but as the volume slowed the price settled back down. The current close was relatively insignificant given the blind euphoria that has driven the market the past few days. A good indication will be how the price fairs when the volume drops below 200k per day. FWIW Jeff

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