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


To: Machaon who wrote (24109)8/6/1998 9:30:00 PM
From: Henry Niman  Read Replies (2) | Respond to of 32384
 
Bob, Speaking of accumulation, this was linked to the LGND thread on Yahoo!:
yahoo.marketguide.com

Looks like big boys have been buying almost twice as much as they have been selling in the latest 3 month reporting period.



To: Machaon who wrote (24109)8/6/1998 9:36:00 PM
From: Henry Niman  Respond to of 32384
 
Bob, If our famous naysayer said to sell VICL back in Jan, why do VICL posts keep showing up here and on the LGND thread on Yahoo! I thought our famous naysayer never loses money because he is always "trading" so as long as the price moves, he can always looks back and print out just what he did, like shorting LGND at $18 and covering at $12 :-).

Actually, I think that a new tactic has emerged. He is now starting to attack LGND management because of stock options:
messages.yahoo.com@m2.yahoo.com
(which are worth next to nothing at LGND's current price).



To: Machaon who wrote (24109)8/7/1998 7:59:00 AM
From: tonyt  Read Replies (1) | Respond to of 32384
 
With the market recovering (NAZ uo 40+) and many biotechs on the way back up, it is a very negative sign that LGND has not participated in the last 2 days and is still in the single digits. With the heavy vol in LGND on the way down to 9.75, all the weak hands are said to be gone, so why is LGND lagging again?