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


To: Arthur Radley who wrote (29234)9/2/1999 9:15:00 AM
From: Henry Niman  Respond to of 32384
 
LGND getting a lot of press
made the NASDAQ/AMEX market watch segment
says up 1/2 in pre-market trading
I see a bid price of 7 1/2 and 46K traded already
bid's now 7 3/16 with 71 K traded
now 7 1/4 with 91K traded by 9:20
LGND was up 1 1/16 on Instinet last night just after the announcement
I don't think that the general negative market is having much of an impact on LGND, at least not in pre-open trading
almost back to 7 1/2 on 95K traded



To: Arthur Radley who wrote (29234)9/2/1999 9:36:00 AM
From: Henry Niman  Respond to of 32384
 
LGND opened at 7 15/32 with about 120K trading prior to open



To: Arthur Radley who wrote (29234)9/2/1999 9:44:00 AM
From: Henry Niman  Read Replies (4) | Respond to of 32384
 
LGND has already hit 7 3/4 on over 300K in first 8 minutes of trading
Dow down over 100
NASDAQ down 50



To: Arthur Radley who wrote (29234)9/3/1999 9:36:00 AM
From: Henry Niman  Read Replies (1) | Respond to of 32384
 
LGND opened at yesterday's high for the day, 7 13/16

Over 100K traded in first 15 min, including at 20K block at 7 13/16, which helped push the ask to 7 7/8