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


To: John O'Neill who wrote (21574)5/30/1998 12:37:00 PM
From: Hippieslayer  Read Replies (1) | Respond to of 32384
 
Pending no significant news from lgnd, a continuation of this weak correction, continued volatility arising from the far east, and the possibility of Bill landing in a jail cell due to treason, lgnd might just drift back down to the 11-12 area. I do hope, though, that lgnd experiences a summer of love in the coming months and starts to act like a man on viagra.



To: John O'Neill who wrote (21574)5/30/1998 12:50:00 PM
From: jayhawk969  Read Replies (1) | Respond to of 32384
 
It is interesting that we repetitively have episodes where LGND trades in a very narrow range only to find out that someone is accumulating a position or otherwise manipulating the price.
Tuesday should be interesting with SRGN.
I was able to accumulate 43,500 shares of SRGN at $.51 before the ask was raised to $.55. on Friday.
Schwab was kind enough to lower their share acquisition cost from $.03 per share to $.016 per share.

My gut tells me that Ontak gets the nod on Tuesday and we will see some upside. And I think something else is going on that we don't know about.
Jayhawk