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

To: Machaon who wrote (17929)	3/26/1998 6:30:00 PM
From: RevMikeB	Read Replies (1) \| Respond to of 32384

One of the reasons I am long on LGND is all the info I have been learning from this thread. As a matter of fact, the news release about the cancer in rats going into remission in 72% of them and the news on this thread and on the wires convinced me to buy over 500 shares. (That's not a little bit of money for me.) The stock has been looking shaky this week. I might have shorted it if it weren't for the info about a soon to be filed NDA I learned on this thread. So what I read here does make a difference and helps me a bunch. Especially what Henry writes. Anyway, if the news is leaked here, which I don't think it is, then why isn't the stock moving up in anticipation of the NDA filing? Shouldn't it go up if EVERYONE knows its going to happen?