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

To: Henry Niman who wrote (12245)	12/8/1997 12:18:00 PM
From: Proton	Respond to of 32384

Re: Time for Action? Ask just went to 14 1/8. O.K., I am now seeing 14.125 X 14.25 L 14.125. Maybe the breakout is here, maybe not. If I were an aggressive trader, I would buy LGND here with a stop at 13.6875 (11/16, or one 'steenth under low of today). I would like to see at least 100,000 shares go across with no action below 14 before I start taking this rally seriously. Update: now at 14 1/8 X 14 3/16 L 14 3/16 V 121,700. Interesting. If one were to buy right now, the risk on the trade is 1/2 point. Not day trade tight, but an interesting speculation. As for me, I have a position in the stock already. Pý (nota bene)