SI
SI
discoversearch

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: bob zagorin who wrote (26941)12/16/1998 2:36:00 PM
From: tonyt  Read Replies (1) | Respond to of 32384
 
Yesterday you stated that the net retail stocks were 'overheated'.

What's your thoughts today (AMZN almost $300 now, up 24%)
What did the BOP predict for AMZN? Did it see this comming?

FWIW, if Murphy put only 10% into the net stocks he would have erased all his losses in LGND



To: bob zagorin who wrote (26941)12/16/1998 4:02:00 PM
From: RXGOLF  Respond to of 32384
 
<my technical indicators are showing some improvement for LGND the last few days. >

Hi Bob,
FWIW, according to Investors Business Daily, LGND shows a relative price strength of 84. This is on a scale of 1 to 99, with 99 representing the strongest price performers. IBD notes that the average RS rating in the models of the Greatest Stock Market Winners was 87 before these stocks made their biggest price advances.

Good Luck,
Greg



To: bob zagorin who wrote (26941)12/16/1998 4:09:00 PM
From: RXGOLF  Read Replies (1) | Respond to of 32384
 
Hello again,

Just thought why we were talking technical... it was nice to see a volume of 465,500+ on a day when the markets were down and LGND was up. IMO bullish to see strong volume on these days when the price action of LGND bucks a downward trend in the market.

Good investing,
Greg



To: bob zagorin who wrote (26941)12/16/1998 7:40:00 PM
From: Henry Niman  Read Replies (1) | Respond to of 32384
 
As most readers know MM recommended LGND at about $6. He has no losses in LGND.