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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 wyndeweston Aug 13, 2016 11:52am
294 Views
Post# 25138846

RE:RE:CC disappointment?

RE:RE:CC disappointment?Balain, I liked what you said in your post.  Since I have been around for a while and have seen changes in Management's approach towards growing the company I'm starting to have concerns.  I feel PLI is taking on more and more research into developing new products but also needing a lot more money to do this.  It feels like Pierre and Company want to do it all by themselves and I'm starting to view it as a bottomless pit.  It's amazing that so many analysts are putting a ++ $5.00 price target on this stock.  This past year has so far resulted in no share price increase.  I don't want Pierre to give the store away but until we see some meaningful revenue and not draining expenses I don't see the share price going anywhere.  There has been so much good news in the last 6 months which has resulted in a bump and then a lower stock price. I'm long but getting weary.   A  partnership or positve news regarding alliances we have made in the past would be nice...I wonder what's happening with the Russian partnership? Deep down I'm fortifying my position by thinking maybe Pierre and Company are really breasting their cards as much as is possible because they are concerned about the possibility of a takoever .... I'm probably a dreamer!
Bullboard Posts