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


To: jayhawk969 who wrote (24926)8/27/1998 11:07:00 AM
From: Henry Niman  Respond to of 32384
 
JD, I actually have no interest in "baiting" anyone. I was looking at several Biotechs and "V" had the biggest decline at the open. The Biotech retreat has been very broad based and over the past month or two, most Biotech charts look depressingly similar. This morning "V" took a very large hit, and like LGND, the low prices are very attractive.

PS, I thought that the thread has been relatively constructive over the past week or so.



To: jayhawk969 who wrote (24926)8/27/1998 11:08:00 AM
From: celeryroot.com  Read Replies (2) | Respond to of 32384
 
Actually I almost pointed out Vicl, not to bait Tony, as I own both Vicl and LGND. But it is odd that some bio's are down 10-15% on very low volumn.



To: jayhawk969 who wrote (24926)8/27/1998 11:25:00 AM
From: Henry Niman  Respond to of 32384
 
Here's a list of yesterday's closing prices on "moderately" sized Biotechs (as defined by SI):
techstocks.com
here are the smaller ones:
techstocks.com

Declines over over 3% in a day for an entire group is a rather large hit (and I suspect that today's drop is similar).