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Liminal BioSciences Inc. PFSCF


Primary Symbol: LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Post by stockman6767on Oct 07, 2020 10:50am
138 Views
Post# 31679762

Shorts will be in control for a while.

Shorts will be in control for a while.Unless there is surprise partnership or other news, the next known decision date id PDUFA qhich is many months off. Even if it does get acted on by the FDA a little earlier you still have essentially 3 - 4 months of dead money and the shorts will play especially as there is no very active buyers who are investors to sup[port the price, just the traders who play - in and out all the time. Add to that the likilihoood of a financing some time soon and this adds up to a further drag on the sharae price unless LMNL management comes up with money that is non-dilutive. Does not look promising for the next many months.
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