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


To: Henry Niman who wrote (15906)2/26/1998 12:00:00 PM
From: Flagrante Delictu  Respond to of 32384
 
Henry, Re: today's volume. The increase in volume in the stock & wts., compared to yesterday at this time, may portend the unravelling of the coil at the apex of the triangle, in anticipation of the news about LGND's decision on its option to choose cash or compound from Lilly, which option expires 2/27/98.
P.S. With Seragen trading at 71cents, it seems there are those who think compound.