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

To: bob zagorin who wrote (19722)	4/28/1998 7:54:00 AM
From: tonyt	Respond to of 32384

Interesting, if LGND moves foward "it will be obvious to all", yet when it fall over 12% in 3 weeks, you're in denial, and are the first (well, the second) to post 'spin'. BTW, the 'flying platform' that you told us about weeks ago (you remember, the one that was going to be a 'launching pad' for LGND) was obviously (to all) an incorrect signal, yet your only explaination is that it was 'shakey'? At least try to give some apearance of objectivity. I don't know which is the worst 'spin', the 'flying platforms' or the sales that are spun into 'swaps'. --Tony

To: bob zagorin who wrote (19722)	4/28/1998 8:06:00 AM
From: Henry Niman	Read Replies (1) \| Respond to of 32384

Bob, Speaking of denial, 14 trading days ago, LGND closed at 14 7/8. Last night after the close, LGND traded at 14 3/4. Looks like "LGND's fall of over 12% in 3 weeks" could disappear today! Here's LGND's closing prices for the last 14 trading days: Date Close Volume (00s) 04/27/98 14.438 2145 04/24/98 14.125 2235 04/23/98 14.563 1555 04/22/98 14.563 3172 04/21/98 14.563 1516 04/20/98 14.938 1222 04/17/98 15.250 1735 04/16/98 14.500 889 04/15/98 14.875 1500 04/14/98 14.813 1469 04/13/98 14.688 1903 04/09/98 15.000 1692 04/08/98 15.000 2899 04/07/98 14.875 3841

To: bob zagorin who wrote (19722)	4/28/1998 8:20:00 AM
From: tonyt	Read Replies (1) \| Respond to of 32384

Bob, speaking of denial, this is not a flying platform, shaky or not exchange2000.com Why don't you post the definition of a flying platform.

To: bob zagorin who wrote (19722)	4/28/1998 2:14:00 PM
From: tonyt	Read Replies (1) \| Respond to of 32384

<<Bob, Speaking of denial, 14 trading days ago, LGND closed at 14 7/8. Last night after the close, LGND traded at 14 3/4. Looks like "LGND's fall of over 12% in 3 weeks" could disappear today!>> Looks like this prediction will be wrong.

To: bob zagorin who wrote (19722)	4/28/1998 4:44:00 PM
From: Henry Niman	Respond to of 32384

bob, Some things are rather obvious to almost all. Today's close didn't make that "12% fall in the past 3 weeks" disappear, but it has become rather small. Three weeks ago LGND closed at 14 7/8. Today it did get to 14 3/4 (same as last night's after hours trades), but closed at 14 5/8, a whopping 1/4 point below its close of 3 weeks ago. This translates into a 1.7% collapse in value. Of course the difference between LGND's intraday high and low usually exceeds 1.7% and I suspect that most 3 week changes, choosing any trading date, would be greater than a 1.7% change. I guess a 1.7% change over three weeks is right in line with 1/16 point intraday changes, so they should be the subject of some poster's posts.