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Bullboard - Stock Discussion Forum 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... see more

NDAQ:LMNL - Post Discussion

Liminal BioSciences Inc. > Most markets up 4% ... tells you a lot
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Post by GoBBs on Apr 06, 2020 10:25am

Most markets up 4% ... tells you a lot

about what investors think of this company. It goes down.
Comment by biotech1973 on Apr 06, 2020 2:16pm
I think you comment came in too early. This is what markets are. They know whats in the product. They already knew about the rejection in 2017 and they punished the stock 1 month before the rejection was announced by the company. This time stock is uptrending in every possible way it can with major volume followed by dumping on low volume This is a clear indicator of what market feels about ...more  
Comment by foofadooo on Apr 06, 2020 2:23pm
My memory may be bad but I believe they said a 2 year delay at the tme???  foof
Comment by biotech1973 on Apr 06, 2020 2:43pm
That time they said 1 year delay however with events after events, liminal never had a stable management. But now they have a strong and stable team. They are now following the plan. Their timelines are exactly the same at we were given in 2017. Our CEO was fired, he was the founder as well. It is very much evident that things will take time after he left because he knew every aspect of Prometic ...more  
Comment by biotech1973 on Apr 06, 2020 2:45pm
PBI ph3 is very expensive study and we need a definate partner or cash flow. This is what this management is doing, and people should appreciate tat they are managing finances well. Instead of spending money on pbi ,they are working on ryplzim which does not need any money as such vecause all studies are finished. SOMETIMES COMMON SENSE works fine
Comment by GoBBs on Apr 06, 2020 6:50pm
They did not say there would be a two year delay ... nice try. PL said they would resubmit in "months" LMFAO and we bought that bs ....This company has zilch credibility the only thing they can do is execute. The mindless pumpting from the same people is heard on the deaf ears of the educated that have been to this rodeo before.
Comment by biotech1973 on Apr 06, 2020 9:47pm
They were expecting approval by end of February 2019 after their failure in Feb 2018. Idiot go get ur facts right. They had a meeting with FDA in october where they agreed on the changes made by Prometic Life Sciences. Right after which we added ATM to get us through before PL was fired in December 2018, when things started getting bad. Right after Christmas holidays , everything all trials were ...more  
Comment by biotech1973 on Apr 06, 2020 9:50pm
I want bhashers to come up with some justified points. Not just lawsuits is imminent and Blah Blah.m Just because u lost money by decision cannot make any company bankcrupt. They did amazing job in reviving the company. It is ur fault u invested. Rather greed. Now just because u lost ,u will spread non sense.. Ur points have nothing worth discussing. Either prove ur point or get lost. Specially ...more  
Comment by GoBBs on Apr 07, 2020 8:20am
who cares biostock1973 ... we were all there in the rise up and the take down. You can trust these people and invest , go for it. Most don't trust this company and you shouldn't be pumping a company that wiped out their shareholders ... IDIOT.
Comment by biotech1973 on Apr 07, 2020 10:16am
I am not pumping but putting the facts out. You are bashing for sure becauss u are one of those who got wiped out not me. Just because u were wiped out you are making nuisance in the new company. You invested for ur greed now u are left with dimes, that was totally ur decision. Many old people already bailed out. And yes , i am an investor since 2010 but idiot GOBB just by writing on stockhouse ...more