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


To: tonyt who wrote (11560)11/21/1997 5:54:00 PM
From: Flagrante Delictu  Read Replies (3) | Respond to of 32384
 
tonyt Re: TA I have to thank you for mentioning how poorly LGND has performed since its' listing. But instead of seeing the droppings, I see TD's pony. It's true that the stock could be bought for 9 & a low fraction in both the spring of '93 & the spring of '97. This is fabulously exciting. It's called a huge base. A look at the weekly shows an inverse H&S , which could possibly even be condidered the left shoulder of the huge irregular H&S that began with the listing & formed a head at 5.5.Whether you accept this or not, consider the recent volume in the stock, so miniscule as to scream the end of the distribution & the erection{if you'll pardon the expression} of the launching pad which will complete both H&S's. Never sell a dull market. Buy it. Mark my words. Bernie.

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