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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 PLITheOne on Jun 08, 2021 12:02pm

Why????

Why would anyone with half a brain even consider buying shares?? Now is sell time, dude. SALP has be selling and I am sure that they were the biggest sellers the last couple of days. There is nothing to see here now! It's all down with no revenue, high salaries and either refinance or collapse. They're done and this was Thomvest's plan!

1 Billion dollar lawsuit against them making a little more sense to you now?
Comment by beenaround2019 on Jun 08, 2021 12:14pm
I understand why 33 million shares were sold yesterday, but who was the buyer?
Comment by Newcamo on Jun 08, 2021 12:34pm
This post has been removed in accordance with Community Policy
Comment by stockman6767 on Jun 08, 2021 1:17pm
There probably was no single buyer for the 33 M shares - it was churned so many traders bought shares, over and over all day. It was not being accumulated!
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