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
Comment by stockman6767on Apr 11, 2018 7:55pm
204 Views
Post# 27870271

RE:RE:SUNSHINE IF YOU ASK CEO WE DON'T NEED PARTNER

RE:RE:SUNSHINE IF YOU ASK CEO WE DON'T NEED PARTNERCIM, relax, chill a little. I am with you in that I am not happy with the current decline in the stock due to the shorting. But worry not about this going to zero, it will come back and be quite valuable given the time it needs to prove out the clinicnal trials - there are many irons on the fire.

Furthermore, you are concerned over the shorting. Be aware there are two kinds of shorts.. One who shorts because he actualy believes that the company will do poorly and therefore the short will make money as the stock drops to reflect the failure in the company. Another type of short is the opposite. He believes what the company is developing will eventually become a huge success. He want to buy, control, take over or buy as much as he can very cheaply, so he drive the price way down by shorting heavily in an effort to acquire what he truly desires and believes is a gem in the rough. He only can succeed at this if he has a lot of money to do the shorting, the company heas no significant revenue as of yet so it can not defend itself and is subject to rumors etc, and retail investors are frightened and will to sell out of fear of the FUD as they see the price drop.

We have a gem in PLI  being subjected to the second kind of shorter thus confirmeing that we have a gem which the shorter wants to take away from us on the cheap.

Solution -  don't sell and hold until the company matures further and the prodects start selling! Do not succumb to the FUD.
Bullboard Posts