Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.84

+3.8%

Nov 24 3:59 PM EST

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To: Dan O. who wrote (27691)	1/29/1999 8:09:00 PM
From: tonyt	Read Replies (2) of 32384

>I believe Henry did present his thoughts as speculative. Not usually. For example, it has been presented to us as a fact that "MMs dropped the price below $11, took out a slew of stop loss orders and then filled a big boy buy at 10 31/32", yet there is absolutly no facts to support this, just speculation based on reading a quote.com graph (actually, since LGND closed that day below 10 31/32nds, it is more likely that on that day someone was anxious to unload a 100k share block). His interpretation of trading is rarely presented as speculation, almost always presented to us as fact, and usually wrong.

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