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


To: bluejeans who wrote (21104)5/19/1998 12:21:00 PM
From: HerbertOtto  Respond to of 32384
 
bluejeans, Thanks - missed the 2 100K LGND blocks on upticks.
Looks like the block accumulation pattern of last week continues... light volume for a time, followed by big blocks - today on Upticks. The float is getting sopped up. The MMs may try to stage one more shake-out, but with all the big blocks accumulated lately, the 'ones with the big money' think it's time to move LGND into a new trading range- higher.

Would like to see a close above 14 7/8 today. The volume is heavy enough already to support it.

Good luck longs,
Herbert