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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

Post by aussyspitzon Mar 09, 2020 8:01pm
252 Views
Post# 30786013

GLTA

GLTA"Liminal is in talks to sign a global marketing partnership for Ryplazim to further strengthen its financial position"

If you have ever walked out of a store because no matter how compelling the salesman was you had to take time to think it over or if you have ever walked away from a car dealership because you couldn't come to terms with the finance guy then you should understand that until that paper is signed and money hits the bank talks are worth as much as Newcamo, Realstocky and MarcJohnson's cut and paste responses.

"Talks to sign" is not equal to a done deal. However, it does represent a significant risk and given the current chaos in the market and what is likely to be a very volatile spring/summer that risk needs to be factored in to you investment decision"

Imo cash preservation is one of the most important investment strategies but unfortunately it is the easiest to ignore and one of the hardest to execute and get right and I have failed at it many times over the past 40 years..

I believe the recent selloff may represent buying opportunities within the general market but imo the opportunity will be in picking up high quality stocks that have been beaten down and Liminal imo is far from what I would consider a high quality stock it has more in common with the USS Titanic or SS Edmond Fitzgerald.

Imo the global market will likely bounce back all though the timeframe may be longer term. Higher quality stocks with solid financing and strong revenue streams should have a better chance of weathering the downturn and will be among the first to recover,


Whether you decide to buy, hold or sell I wish all of you good luck.
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