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

To: Sleepman who wrote (29331)10/14/1999 3:37:00 PM
From: WTDEC  Respond to of 32384
 
Dan,

Small but steady insider buying (p=purchases):

NSIDER ACTIVITY: ROBINSON (CB) BUYS LIGAND PHARMACEUTICALS INC --

NET VALUE OF INSIDER ACTIVITY (IN THOUSANDS OF DOLLARS)
LATEST 30 DAYS TRADING: $ 95
AVERAGE MONTHLY VALUE: $ 954

INSIDER NAME REL TRADE DATES TT SHARES PRICE(S) HOLDINGS
************ *** *********** ** ****** ******** ********
*ROBINSON DAVID E CB 09/03-03/99 P 9,500 7.75- 7.75 258,501
REICH STEVEN D VP 08/20-20/99 P 1,000 7.25- 7.25 3,000
ROCCA MICHAEL A D 08/26-26/99 P 2,000 7.00- 7.00 3,000
MAIER PAUL V CF 09/30-30/98 P 538 7.76- 7.76 11,296
REICH STEVEN D VP 09/04-04/98 P 1,000 6.00- 6.00 2,000



To: Sleepman who wrote (29331)10/14/1999 4:50:00 PM
From: RXGOLF  Read Replies (1) | Respond to of 32384
 
If you combine these bits of good news with a 1(or more)year chart of LGND, IMHO this looks like a "slam dunk"<g> for a %15 to %20 gain from these levels before the end of the year. Is there something that I am missing here, or are investors afraid of these non money makers with the current market conditions??

Good luck,
Greg


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