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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.50-1.6%3:59 PM EST

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To: Henry Niman who wrote (27683)1/29/1999 12:43:00 PM
From: J Stone  Read Replies (2) of 32384
 
Henry,

Please stick to commenting on science and avoid comments regarding who is trading and how. Unless one has access to NASDAQ info, the "who" comments are truly speculative. The facts are the volume the past few days has been very high. Given that there has been no new news, the trading itself may well be of people following the rumor mill.

Upward price movements need to be sustained at moderate volumes or due to news of substance else the movements are tenuous. Having said this, I am encouraged by today's price stand on lighter volume.

FWIW

Jeff
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