
04-23-2021, 05:11 PM
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Planar Protector
Join Date: Jun 2018
Location: Ctesiphon
Posts: 2,155
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Quote:
Originally Posted by Knuckle
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I've been on a roller coaster with Mind Med(MMEDF), as I previously stated I am extremely bullish about the various psychedelic therapies being trialed in Canada and the US. Well I watched a huge chunk of my investment drop over 50% over the past few months, but I had to just leave it be as I was anticipating a 5-10 year lifecycle before selling based on where we are and where it will be: trial successes, regulations, FDA, NASDAQ listing. etc....
Well they got NASDAQ listed today and its up 34% in half a day, still haven't recouped my buy-in, but currently trading just under $3 US was around $2.12 before listing yesterday, kicking myself for not buying up as much as I could for a short sell yesterday(to clarify, just shortselling whatever I could of bought at 2.12).
I still do not plan to sell even if it doubles up to $5. I anticipate some sort of merger or big bumps in the future to achieve a $10+ value per stock.
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Sounds like it could pan out for you man. I hope it does
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