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

To: shasta23 who wrote (11005)	11/13/1997 8:10:00 AM
From: tonyt	Respond to of 32384

> Maybe we see a rebound soon... ...or we might test 13 1/2 (we're now 25% off the recent high).

To: shasta23 who wrote (11005)	11/13/1997 8:35:00 AM
From: Henry Niman	Respond to of 32384

stefan, It's always hard to predict short term price movements, but yesterday LGND fell near the close, in line with Biotech and NASDAQ sell-offs. However, just before the close, the price moved up and there was a long string of buys at 14. In contrast, AMLN saw a couple of big boy sells (@7 7/8) in the final couple of minutes, including the last trade of the day (14K at 15:58:10 and 17.9K at 16:01:03): quote.com Overnight the market turned around with S&P Futures up double digits.