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

To: jayhawk969 who wrote (17497)3/16/1998 4:50:00 PM
From: tom r. phillips  Respond to of 32384
 
J.D. -- like i said, "FWIW". i've decided to wait until later in the week to add to a long LGND position. there may be some wishful thinking at work, but i've seen the price of stocks like ASND (many times the market cap of LGND and double the turnover rate) move to the option parity price at expiration too often not to attend to the phenomenon. (admittedly, ASND has many times the open interest in options, too.)

tom phillips


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