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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

Post by wyndeweston Nov 16, 2021 8:39am
160 Views
Post# 34130795

TAX LOSE SEASON

TAX LOSE SEASONis back! Wonder how well LMNL will fare? I suspect you are going to get downward pressue on this already battered stock. AND as Edrose continues to point out there is excessive spending on management salaries and not enough on actual biotech development. The market will quickly figure out this company deserves to be on it's already downward trajectory. By the end of the 4'th quarter I'm betting they are going to announce the small molecule (4050/fezagasprus sp??) doesn't have a future after all OR or maybe they will sell it off cheaply like everything else?  BUT don't forget Thomvest has control of the patents safely tucked away in the Cayman Islands. 
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