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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

Comment by aussyspitzon Mar 12, 2020 5:37pm
74 Views
Post# 30801454

RE:RE:all last posts of 1-2 sentences = same moron

RE:RE:all last posts of 1-2 sentences = same moron
Great post stockbuphoon you are obviously a well seasoned and smart investor. This is not my first nor probably my last rodeo with a major market downturn. The coronavirus model I saw in a video predicted peak Coronavirus for USA in April. I am thinking market bottom sometime in May.

A good thing to watch will be gas/oil prices headed into Memorial Day weekend if they start climbing beforehand that would indicate a bottom if they decline then that would indicate to me we are in for prolonged pain.

I am also pretty optimistic that a vaccine or break through treatment fast-tracked and void of red tape may hit the world stage as early as July. 

IMO I think Liminal will drop to somewhere between $4 and $5 a share at its bottom and will then stabilize and then IF they follow through with their forward looking statements and everything falls in place perfectly I think they would be lucky to pull off $25 by years end. Unfortunately, I don't have any faith that they can execute getting themselves out of a paper bag and can't justify the risk no matter how low the price goes because I don't think they are going to be lucky nor do I think everything will go as perfectly as planned particularly in this new environment we now find ourselves in.. 
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