Framework Journal · one stock, one dated entry

Recorded 2025-12-31 · Permanent

Liminatus Pharma Inc LIMN

Outside both standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Liminatus Pharma, Inc., a pre-clinical stage biopharmaceutical company, engages in the development of cancer therapies in the United States.

The label
Accumulation

read at $0.12

Liminatus Pharma Inc holds its Accumulation at $0.12.

PHINPOOPSC
  • PHPhase · the trend structure carries the Accumulation label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2025-12-31
PhaseAccumulation
Quantitative stateThe statistical read favours the sellers, held for 8 days
Price$0.12
ValuationN/A trailing · N/A forward price to earnings
Values screenFAIL · score 70.0
Beta0.74

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Profit margin0.0%
currently unprofitable
Current ratio0.96
below 1 — short-term bills exceed liquid assets
Beta0.74
steadier than the market
Market cap$8M
Employees1

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; as a biotechnology name, trial and regulatory outcomes can move it sharply either way.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in LIMN's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 0.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 99%. Our forward projection puts the odds of a 10% gain over the next month near 15%. Entered 2026-08-04 · Distribution

The dated journal · newest first, never edited

2026-08-04 Distribution $0.12 +0.8% Entry 4

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 0.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 99%. Our forward projection puts the odds of a 10% gain over the next month near 15%.

2026-07-18 Distribution $0.12 +0.0% Entry 3

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 99%. Our forward projection puts the odds of a 10% gain over the next month near 15%.

2026-07-03 Distribution $0.12 +0.0% Entry 2

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

2026-07-02 Distribution $0.12 Entry 1

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $0.20 -30.7% · $693 -30.7%
2 months $0.19 -24.5% · $755 -24.5%
3 months $0.24 -40.3% · $597 -40.3%
6 months $0.86 -83.5% · $165 -83.5%
1 year $22.42 -99.4% · $6 -99.4%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever LIMN does next, these words stay.

Liminatus Pharma Inc · LIMN · Accumulation · $0.12
Recorded 2025-12-31 · before the outcome · scored mechanically

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