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

To: Mudcat who wrote (22064)6/11/1998 8:05:00 AM
From: tonyt  Read Replies (1) | Respond to of 32384
 
>We, too, were disappointed that the NDA filing and positive ODAC
>hearing did not result in a higher stock price.

Well, at least they didn't try to 'spin' the negative market reaction.

>We have recently had several new institutional holders join the ranks
>of Ligand shareholders, and they too are puzzled.

So, they expect us to believe that they had conversations with several new institutional holders and the conversation ended with puzzlement?



To: Mudcat who wrote (22064)6/11/1998 8:10:00 AM
From: Henry Niman  Respond to of 32384
 
IR's response is on institutions is consistent with the trading action a few weeks ago. High volume with large blocks going off at the ask and many small trades going off at the bid.


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