RE:RE:RE:RE:RE:RE:At 2.48pm today - a big head fake.In my opinion the first rule regarding a speculative investment paly is to never invest more than you can afford to lose should the stock go to zero. If I already owned shares I would hold them and wait as this is probably the worst time to sell particularly with COVID19 weighing the market down.
Tax losses are usually better taken at the end of the year where you can use them to offset any capital gains. Additionally, no real harm in holding in the event that Liminal actually secures a partnership and the BLA is resubmitted as their forward looking statements indicate.
However, with that said despite what appears to be a bargain price this is far from what I would consider a bargain or slam dunk particularly given their very sketchy credibility and past performance include Thomvests practices/involvement/management.
This stock is currently ranked 357th of 375 stocks for stocks followed by anaylsts within this sector. It has 3 analysts and all recommending holding. I personally wouldn't establish or add to a position.
I think most investors should easily be able to find a better quality stock either within or even outside this sector that may be taking an unfair short term beating due to the recent downturn with better odds of success and likely better rate of return particularly once the COVID19 scare passes and one way or another it will eventually pass.