SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: Hippieslayer who wrote (13924)1/30/1998 6:46:00 PM
From: tonyt  Respond to of 32384
 
> Maybe we should rename this thread "Ligand BreakDOWN!"

Hey! No fair stealing my ideas! :-)

Someone observed this morning: "Big boys stepping up to the plate. 50K and 135K at 11 1/4 followed by 200K at 11 3/8 and 20K at 11 1/4. Looks like MMs (maybe with some help on this board), suckered some selling yesterday afternoon at 11 and below."

....well, looks like it was those 'Big Boys' who got suckered by the MMs as they are now sitting on a $125,000+ loss this weekend as LGND is now back at $11.

Come to think of it, didn't LGND fall over $1 after the last rush of big-block buys? Could these big blocks really be sells? --- Nah!

Hey -- Maybe Michael Murphy will make Ligand his #1 buy this week :-)

"Don't fight the tape"