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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 wittmannon May 20, 2019 1:54pm
118 Views
Post# 29760968

RE:RE:RE:RE:RE:PLI isn't taking billions of shares to the Nasdaq

RE:RE:RE:RE:RE:PLI isn't taking billions of shares to the NasdaqParty crasher you're wrong.Extracting proteins from blood plasma can be a very lucrative business.Even if there is competion,there's plenty of opportunity for all.PLI piled on massive debt and made terrible business decisions.The biggest ones being to involved with costly trials,pinning hopes on FDA approval ,which in hindsight killed them.They rolled the dice and lost.
Personally I think common shareholders will be wiped out..who can argue?They already are .But that's the past.I keep saying it over and over.PLI has promise,but it's unknown how the future will be.
They have to prove themselves.And that takes time.You're too simplistic by stating the science is a bust and saying it's over.PLI will not just disappear. Whereas common shareholders lost money,institution and related crooks poured money into PLI.Theres value there but as of now ,aside from some lofty napkin calculations from some posters,there's none.
Bullboard Posts