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


To: Sleepman who wrote (10066)10/23/1997 2:42:00 PM
From: Henry Niman  Read Replies (2) | Respond to of 32384
 
Dan, TUCK's history as a MM for LGND looks strange. They didn't do any LGND shares until May. For block trades, the number of shares with % of total in parenthese is:
May 11,000 (<1%)
June 40,000 (3%)
July 52,000 (3%)
August 74,000 (9%)
September 775,000 (24%)

Thus, they traded 10 times as much in September compared to August (which had been their biggest month thus far) and jumped to 24% of the total block trading in September, which was a huge month for block trades.