Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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
Post by stockman6767on Aug 14, 2017 11:23am
427 Views
Post# 26578237

Frankly, this is ridiculous.

Frankly, this is ridiculous.Frankly, this is ridiculous. Everyone knows that the protein side of the business is as near a sure thing as possible in the biotech business and the 4050 side of the business is humming along well so far with early clinical trial results and now more affirmation witha firm partnership deal with SRAM. We all knew that the revenue was not flowing yet and would not until the 
fda approvals roll around and we all know that FDA approvals take time. Nevethe less the market bid the shares up to  aboout $3.60 or so on the promise of the future and all the analysts chimed in with well over $4.00 targets. So what has changed - NOTHING. The news has always been consistently good and getting better. so if now the mood has changed to cash only, no matter how sure the future revenue, then maybe the shares should be worth zero until the revenue actually starts to flow/ We all know this is absurd - this seems to be what the shorts want us to believe. The shorts take advantage of the large float which includes a sizable retail contingent of share holders some of whom clearly scare very easily so there is always enough volume available  of shareholders willing to sell at the slightest sill provocation no matter the underlying quaility of the company and its future. so for those of us with a better understanding of PLI, and the realization of the time  it will take for the revenues to start flowing, we  have a great opportunity here created for us by the shorts to really come out way ahead and accumulate more stock in a high quality company at a very low price at the expense of those ready to sell at the drop of a pin. The company keeps getting punished every day without end for the same well known fact, over and over again, the revenues have not yet begun. None of this  makes sense and it is happeing on this silly absurd and baseless pretext, to further the greed of certain market makers nad venture funds possibly with the aim eventually be in a position to try a take over on the cheap of a great company they very nuch desire to be in control of.
Bullboard Posts