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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: Michael L. who wrote (28955)6/24/1999 1:59:00 PM
From: Henry Niman  Read Replies (1) | Respond to of 32384
 
Michael, Thanks for the link. The block trading and high volume, as well as the average share size (over 2K) made it quite obvious that today's action was largely institutional, but I hadn't realized that it would represent about 75% of the activity.

For LGND to trade over 650,000 share between 11 and 11 1/8, these big boys had to have been lined up in a very orderly fashion.


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