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

To: Dan O. who wrote (27691)	1/29/1999 4:13:00 PM
From: Arthur Radley	Read Replies (1) \| Respond to of 32384

I wonder if the stock goes to $20.00 in the next few days....would the banter about the stock price, and who is buying and selling, who are big boys/girls only increase or decrease the postings? Now isn't that a dumb question to muse about!

To: Dan O. who wrote (27691)	1/29/1999 4:27:00 PM
From: LLCF	Read Replies (2) \| Respond to of 32384

<HN: "However, I suspect that there were at least four major categories of buyers yesterday.".> I saw it trade 1/4, then 1/8... then 1/4 again... and I started to think.. hmmm will it trade 1/8 again or not?? Sure enough, 1/8, wow, I thought, maybe I should try to buy at 1/8 and sell 1/4! Geez, that might be risky... WOWA! sure enough 3/8 last, good thing I didnt' short it, holly sh--- 1/8 again, should have shorted it... damn were closed... be back tomorrow all! Day man

To: Dan O. who wrote (27691)	1/29/1999 8:09:00 PM
From: tonyt	Read Replies (2) \| Respond to of 32384

>I believe Henry did present his thoughts as speculative. Not usually. For example, it has been presented to us as a fact that "MMs dropped the price below $11, took out a slew of stop loss orders and then filled a big boy buy at 10 31/32", yet there is absolutly no facts to support this, just speculation based on reading a quote.com graph (actually, since LGND closed that day below 10 31/32nds, it is more likely that on that day someone was anxious to unload a 100k share block). His interpretation of trading is rarely presented as speculation, almost always presented to us as fact, and usually wrong.