Replies to post #44 on Larimar Therapeutics Inc (LRMR)

[doglover1]

I would think the bears will be taking a big gamble here if they take an initial short position Monday. Further downside from here will be limited to companys present cash per share, $7 - 8 depending on which article you read. That means shorts - best case - would get a $2 - 3 payday from here.

Longs, on the other hand, have a chance for a much bigger payday. If autopsy on test death patient turns out to be 100% non drug related, then this thing probably goes to $25+ very quickly, as regular testing will continue and its nearing the end of the test trials (or whatever they are in medical terms.)

I expect a jump Monday morning, but a further $2 buck drop wouldn't bother me all that much. I'd triple my investment at $8.50. Very little downside from there unless the whole thing goes belly up, which I doubt.

[OB_WEALTH_INC]

ZFGN i am staying away for now...no bottom set in...could drop even more....Management needs to update with regards to drop of pps and what they project to do....