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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 Apr 11, 2020 11:02am
159 Views
Post# 30898801

RE:RE:Time will tell and the clock is ticking on H1 2020

RE:RE:Time will tell and the clock is ticking on H1 2020
First off I gave an opinion I was even gracious enough to admit that my opinion could be wrong and that all of you Liminal fanboys and pumpers might be right but that my decision was to take a hard pass on what I consider an extremely risky investment particularly given their history.

The 25 year comment came from Liminal's very own press statement where they stated that Prometic had struggled for 25 years with limited success. In my opinion I think thats just a nicer way of saying failure. 

Did I personally lose money yes and I fully own up to that my mistake I should have bailed as soon as the first BLA was rejected but I believed management's lies that they were on top of the FDA issues and that they would be resubmmitting within months. However, after they gave retail investors the Flavoraid that opened my eyes to who they really were.

You like to gloss over their failings so I'm sure you will try and and tell me that it was fair and that I should be thankful that we got anything but imo that would be like telling a rape victim to be thankful they are not pregnat and that the STD test came back negative so I call BS on your fair deal but go ahead and polish that turd.

And since you are obsessed with facts here is one you glossed over "Market Cap in 2017 = 2 billion" per your own words.

Current Market Cap as of April 2020 = 200M whats the 3 yr ROI on that?
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