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

To: shasta23 who wrote (11684)11/25/1997 2:27:00 PM
From: tonyt  Read Replies (2) | Respond to of 32384
 
LGND looking very weak today.
A Lot of big boy selling.



To: shasta23 who wrote (11684)11/25/1997 2:47:00 PM
From: Henry Niman  Respond to of 32384
 
Stefan, Boy boy selling was offset by big boy buying. LGND's recent slide has been almost exclusively due to retail selling. The slide has been on light volume with little big boy action in either direction. Today had more big boy selling, but it also had more big boy buying. Recently, almost all of the action has been retail.



To: shasta23 who wrote (11684)11/25/1997 3:28:00 PM
From: tonyt  Read Replies (1) | Respond to of 32384
 
Looks like all the big boys got out -- Bid now at 12 1/2.



To: shasta23 who wrote (11684)11/26/1997 4:23:00 PM
From: Henry Niman  Respond to of 32384
 
Stefan, Volume is beginning to pick up. Today was the highest since October. Big boys are beginning to nibble and one is trying to buy 10K. I thought volume would be low today because of the upcoming holiday. Looks like the big boys are beginning to position themselves for the upcoming news.


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