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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
Post by DryBoneson Nov 28, 2018 8:10pm
112 Views
Post# 29036927

Shorts, why stick around?

Shorts, why stick around?Why are the shorts sticking to this like glue.  They obviously have a different concept of risk than anyone else.  At 40+ cents there is little downside, and maybe none at all.  But if you look at the upside for the longs then the shorts can get cornered. .  And the upside is there even if it is a head fake upside.  Enough people believe in the science and it is credibile enough  that even if it turned to be a sham in the long run there is still about a 99% chance of a run on the stock.  So why the shorts?  The odds are really poor for the shorts or really really good for a run on the stock.
Bullboard Posts