Bullboard - Stock Discussion Forum Liminal BioSciences Inc. LMNL

Healthcare Biotechnology

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... see more

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NDAQ:LMNL - Post Discussion

Liminal BioSciences Inc. > Question?

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Post by DryBones on Feb 24, 2020 8:21pm

Question?

How does a company loss nearly $25 million in market value by trading only about $100,000 in stock in just one day?

Answer: By being Liminal.

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Comment by Newcamo on Feb 24, 2020 10:20pm

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Comment by aussyspitz on Feb 24, 2020 10:37pm

Or instead for the same price that you would pay for 10000 shares of Liminal you could buy almost 170 Shares of GILD Gilead Sciences who have the closest real drug nearly ready to go remdesivir, currently in clinical trials in China to treat COVID19 so major upside and is trading at a P/E of only 11 and is paying out a 4% dividend. But the biggest difference it is a company that has some ...more

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