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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
Post by Arrakis37on Jul 05, 2018 9:30am
176 Views
Post# 28271526

march 2014

march 2014I've started to buy PLI on march 4th, 2014
Everything was fine then. Like a rollercoaster yes, but acceptable. Including on this board.

Then, on august 24th, 2016...
Telesta Therapeutics.

Paid entirely with PLI shares.  34 M$ cash available for PLI's R&D probably because of an exceptionnal management.

Then...

SP goes down.  Look at the charts, it fits perfectly
And read the posts since 2 years... also fits perfectly.
Telesta shareholders were robbed.

Coincidence ?

Of course that's not the only explanation but between august and november 2016, a negative momentum was created.  It's extremely hard to stop and to reverse.  I'm afraid that even good news will not be enough at this point because of all the frustration initiated by Telesta shareholders.  Just need to add some bad decisions and more delays, even if they're justified, and you have a chain reaction that end to this mess...

Today, I feel that many of us just want to be freed from this trap.
But we can't for now.  Just hoping that the conclusion will be positive.

Arrakis
 
Bullboard Posts