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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. > How is the financials?
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Post by EpicInvestor on Jul 31, 2020 9:01am

How is the financials?

It is very impressive performance in the last hour yesterday. It is very tempting to jump in. Is there any near term catlysts to move the stock price?
How much money does Liminal have at present? how much money is Liminal going to make per share in near future?
Is it a profit sharing company or cheating company? I saw so many negative comments on the board.
Comment by StockReddy on Jul 31, 2020 9:11am
Next 6 months it is going to perform ver well. Good Science but bad management. I think you missed the oppurtunity to enter around 15.21 CAD, that is a safe entry price (IMHO), in future if you see that price you can think about to enter and do your own DD. Good Luck!
Comment by SHOWMEURKITTYS on Jul 31, 2020 10:02am
wtf is happening!!!!!!!!!!!!!!!!
Comment by GunnerG on Jul 31, 2020 10:21am
Some would call it manipulation by shorting the stock. You heard yesterday the pumpers like necamorealstups... about 100 lot sales by banks, blah blah blah.  Could be anyone, not just the banks.  Could be the posters who show up and pump thiis stock on the days the stock shoots up on NO NEWS. Shorts start buying and selling and buying and selling, pushing the price up and then the ...more  
Comment by aussyspitz on Jul 31, 2020 10:10am
The nearest short term catalyst would be resubmission of their BLA for Ryplazim which is supposed to be this quarter however they have a very very long history of missing deadlines. They haven't released their Q2 financials however they have been burning cash at a high rate so I would expect that shortly after they announce the resubmission of the BLA they will need to dilute in order to ...more  
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