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


To: Arthur Radley who wrote (9978)10/22/1997 4:10:00 PM
From: squetch  Respond to of 32384
 
>>Would anyone like to react to the order size on LGND near the close<< Typo!(:<)



To: Arthur Radley who wrote (9978)10/22/1997 4:11:00 PM
From: Henry Niman  Respond to of 32384
 
TD, Earlier there was a 25K sell at 16 1/2, so there is clearly some selling by big boys (some of them also buy on the rumor and sell on the news :-)).



To: Arthur Radley who wrote (9978)10/22/1997 4:13:00 PM
From: Abuckatatime  Read Replies (1) | Respond to of 32384
 
TD, that's not you selling another block of LGND to bring your portfolio into better balance is it?



To: Arthur Radley who wrote (9978)10/22/1997 4:13:00 PM
From: Henry Niman  Read Replies (1) | Respond to of 32384
 
TD, Sometimes a big order sitting out in full view is a plus. Big boys know they can buy without pushing the price, but that's the biggest ask that I've seen for LGND.



To: Arthur Radley who wrote (9978)10/22/1997 4:22:00 PM
From: Andrew H  Read Replies (2) | Respond to of 32384
 
>>Bid 1000 Ask 50500 Whoa!<<

Sounds like the price will head lower. Disappointing day. Where is the new coverage? Yes, coming, I know.

Maybe someone is trying to keep down the price?