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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

Bullboard Posts
Comment by Felcoon Apr 24, 2014 12:42pm
222 Views
Post# 22486797

RE:Very strange.. April was supposed to be chock full of news

RE:Very strange.. April was supposed to be chock full of newsRicroc,  it seems to be a clear pattern with regards to PLI.  Promised, or implied events are delayed (not assigning blame, just an observation), and pushed forward to create the anticipated heavy period of news activity, which seem to fall short of expectations.  

Although it may be very worthy, am I the only one who wonders about the amount of time Pierre and company spend as a travelling road show?  Personally, every time I hear PLI is presenting at another conference, I wonder how much value is actually being created by the exposure.  Another press release containing information already in the public domain.  It harkens back to a period when PLI was a beggar in need of handouts.  Assuming those days are past, and assuming there's considerable outside interest in PLI's technologies (a rather large assumption), then why the need to endlessly trot out the same dog and pony show? 

I'll be very disappointed if we don't see a substantial increase in the level of institutional ownership.  If not, it puts into question the actual level of interest we assume is out there.  I can actually live with some of the shenanigans relating to the trading patterns, if it actually sees transferring of shares from weaker to stronger hands.  It's harder to stomach the thought the actions were for no other reason than to profit day traders and high frequency traders.  Thanks in advance to anyone who can provide this information.

Like yourself ricroc, and many others on this board, I'm in for the long term.  But then again, I've been in for the long term for quite some time! lol  Being in since 1998 develops a strange kind of patience. I would never have started this journey had I had known how long it was going to be.  Taken in perspective, I certainly have a few more years left in the tank.  The reward had better match my expectations!  lol

Good luck,
Felco
Bullboard Posts