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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE

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To: Arthur Radley who wrote (283)1/29/1999 9:33:00 AM
From: Cheryl Galt  Read Replies (1) of 613
 
>> I think that the recent volume (especially at the end of yesterday) may be related to TokyoMex adding LGND to his picks list:
tokyojoe.com <<

From: TokyoMex
tokyojoe.com initiates coverage on LGND ,,

FDA this week is the rumour ,,

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<< Is there any time frame as to when Tokyo added LGND to his list? >>

Tex, Tokyo Mex posted the above tip at 3:48 PM EST Wed Jan 27, just before the close, a bit before the big volume surge.
Likely, his favorites had notice of his coming tip a bit sooner.

Also likely, the paid subscribers to his Societe Anonym were tipped of his plans several days sooner, and may account for some of the increased Ligand volume that began on the 26th.
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And -- just a *wild* speculation -- on the 19th, with it's anomalous volume of 555.5k -- and that much discussed big boy "buy",

might that low-ball buyer who scooped up the sell stops (perhaps of newbie Liganders disappointed that the H&Q conference failed to give us a pop?) have been Tokyo Mex??? 

(I claim no data analysis here. This is half joke, half serious ...)

FWIW
Cheryl
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