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


To: Henry Niman who wrote (27506)1/20/1999 7:11:00 PM
From: Skeeter Bug  Respond to of 32384
 
henry, remember all those times you used price movements and volume to show lgnd was headed up? from $14? from $13? from $12? from $11? from $10? from $9? from $8? from $7? from $6? from $5?

ok, you nailed the $5 one ;-) get the point?



To: Henry Niman who wrote (27506)1/20/1999 7:14:00 PM
From: tonyt  Read Replies (1) | Respond to of 32384
 
>However, I expect to see more trades like the one that was described yesterday,
>as MMs more LGND shares from retail to wholesale shareholders.

More people getting 'stopped-out' (as you described)?
If so, then this is an indication of further declines.
It is also an indication of people setting tight stops, which is not a good indicator.

btw, I doubt that anyone was stopped out yesterday. I still don't know how you determined that they were.