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

To: Henry Niman who wrote (27803)	2/3/1999 8:37:00 PM
From: tonyt	Respond to of 32384

So you still believe that todays drop was due to MM's 'clearing out sellers on the news'? What basis (other then todays drop) do you have for this 'speculation'? It still apears that this speculation is based on nothing more than wishful thinking, not unlike your prior theory that the drop from $16 was due to the MM's 'shaking out the weak hands'. If you have some proof to back up your claim that the MM's are manipulating the price in order to 'clear out sellers', we're listening.

To: Henry Niman who wrote (27803)	2/3/1999 9:03:00 PM
From: Wallace Rivers	Read Replies (2) \| Respond to of 32384

I nominate your thread title Ligand (LGND) Breakout!(emphasis added) for most ridiculous thread title. LGND price upon thread inception 15 5/8, current price 11 3/4. Total return a negative 24.8%. Meanwhile, the S&P 500 is up 29.9% over the same time span. Nice call!!

To: Henry Niman who wrote (27803)	2/4/1999 11:10:00 AM
From: tonyt	Read Replies (1) \| Respond to of 32384

>My post this morning (emphasis added): >"Volume is picking up now. I suspect that MMs will clear out sellers on news and >then price will head north (either later today or in the next few days)." >I nominate your post (today) for the winner of the STILL HAS PROBLEMS >WITH DATES award (and of course the selection of partial quotes is an ongoing >award which is richly deserved) Are you still standing by your statement that "MMs will clear out sellers on news and then price will head north"? The next 'few days' by definition ends tomorrow, or are you going to extend it into next week? Your 'speculation' on what the MM's are doing with LGND look even more misleading today than they did yesterday. If you had some real knowledge of what the MM's were doing I wouldn't mind your speculation, however you never posted any proof that the MM's were 'clearing out the sellers on news'.