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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

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Post by Steve33 on Oct 28, 2020 2:58pm

Estimate

If the stock halted tomorrow with a positive announcement on the BLA whats everyone's thoughts on an opening bid. The 300% increase in the short position from mid October would leave them in a panic and definitely help us.
Comment by GunnerG on Oct 28, 2020 3:23pm
Seriously, shorts on Oct 15 were ~65,000 shares.  During the two week period ending on the 15th , the SP started at ~$11 and ended ~$7.70.  Since then it has fallen to a 52 week low of $4.85. We have traded 3M in about two weeks.  Shorts would have limited affect if they haven't covered already. Oh the drama, a halt during a trading day.  LOL
Comment by ernieballs77 on Oct 28, 2020 3:38pm
TV buying up all the retail shares!! they aint stupid
Comment by Arrakis37 on Oct 28, 2020 5:13pm
Very interesting assumption. Please elaborate and show us some evidence of that. You can also cut and paste this answer I have prepared for you : ______________ (That's right, there's nothing)  
Comment by aldo451 on Oct 28, 2020 4:49pm
Shorts are actually quite active, totalling approximately 30% of the daily volume recently. See table below, if it didn’t paste you have the link. https://fintel.io/ss/us/lmnl Security LMNL / Liminal BioSciences Inc. (53272L103) Latest Market Date 2020-10-27 Short Volume 231,712 Market Volume 710,500  ...more  
Comment by Arrakis37 on Oct 28, 2020 5:06pm
Positive thinking help not to fall into depression. I feel you. Big love.
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