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Liminal BioSciences Inc. 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 Baymanon Apr 17, 2017 11:47am
186 Views
Post# 26127810

RE:RE:SP continually under selling pressure...

RE:RE:SP continually under selling pressure...Since the shares hit the $3 level on the way down in Nov/Dec 2016, there have been hundreds of millions of shares sold. Those are the millions you are looking for. Those that wanted to sell this were smart enough to sell gradually, not in one day. You are mistaken to think that a large volume on the dump is required to show something is wrong. The Shorters are looking for capitulation by the long term holders, and by the sentiment change here, it is starting to happen. Maybe you guys should turn negative on the stock and on this BB as a 'false' signal. LOL. 

We we may get to test the $1.50 low area before the steep ramp up, but I doubt it. The steep ramp up will come, but from what level is the question.
Bullboard Posts