Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cheryl Galt who wrote (25514)	9/18/1998 6:11:00 PM
From: tonyt	Read Replies (3) \| Respond to of 32384

Historically, LGND moved up in anticipation of good news, but always fell back after the news was released. I don't recall LGND ever releasing bad news, so why has it tanked? The selling by Allergan and Falleron didn't help, but why was there always 'hype' that helped these guys get out of a position they didn't want at a great price? Now that they have unloaded large positions, I would think that the stock should have recovered, but it hasn't. All this talk of conspiricy has me wondering if LGND was hyped (and any disenting opinion attacked) solely to help these guys unload their position. Who knows? Its possible (then again, I don't believe Kennedy was shot by a lone assassin) --Tony