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


To: Arthur Radley who wrote (10414)10/30/1997 10:05:00 AM
From: Henry Niman  Read Replies (2) | Respond to of 32384
 
TD, LGND is holding up well this morning. Spread is wide (14 1/2 X 14 7/8) because of market jitters and low volume, but I expect LGND to head north when the market settles down. They will be front and center on the news front, and Biotechs frequently begin to rally as the year winds down. Investors will have many reasons to buy in the upcoming weeks, and most of the weak hands should be just about gone.