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STOCKS PARE LOSSES EVEN AS SENTIMENT REMAINS FRAGILE
S&P 500 headed for bear market as losses exceed 20% from all-time high
Mind Medicine (MindMed) Inc. (MMDCF)
Other OTC - Other OTC Delayed Price. Currency in USD
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40,552 reactions on $MMDCF conversation
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woah news is awesome
In good times, news like this would rocket the s.p. for sure!
S&P just hit bear market level (below 3837) and if it closes below that number it's officially a bear market for the S&P.
On the same day the S&P turns into a bear market mind med is up 7+%. Good sign
Hey we green... impressive. 4200 shares long and strong!! Mental health is a major weak point for society right now and MNMD has most attractive alternative pipeline. Be strong in your convictions people, this is what investing is all about.
like this if u down 70 %
Look at the markets. Target is down 27%, Costco is down 12%, P&G is down 5%. In what world do we see these drops . It’s not sector specific, if you have a 5 year time horizon, set it and forget it. I trust management and guidance.
There is no logical reason for MMED to have a lower SP than ATAI.
ATAI is trading over 4$ CDN.
Successful with opiate withdrawal!!!! If they push this successfully in upcoming trials and in to market it would be insanely huge!
How was marijuana viewed in the 50’s, 60,s and furthermore. It was viewed very negatively and now there’s a dispensary allowing me to show an ID to purchase Marijuana. Psych meds could be the same in equivalent but at clinics where there’s a treatment process that works. This is a very huge development and I absolutely believe it will fill in a gap that is missing within the mental health sector and financially save the economy a lot of money and resources combating it!
Nasdaq rules state after 30 consecutive days trading under $1 a company is issued a deficiency notice and has 180 days to achieve compliance. Today is the 29th day.
Wow, great time to load up on this stock after these breakthrough trial. Likely to double by the end of the year and then off to the stratosphere once inflation is in check.
Board member and original MMED investor Kevin O'Leary, AKA "Mr. Wonderful" on cNBC just said the market is only about 2/3 of the way down. He begged for the bottom (capitulation) to come quickly and not to be drawn out for months and months. He said to readjust your outlook because everything is NOT going back to former highs. Guess what, due to real world conditions and harsh financial realities I believe there's still a long way to go down AND it will probably take many months to resolve. And building back up will be slow as well. It's no longer the fantasy market of 2021.
The market bottom is in and shocking rally in store.
MindMed believes its available cash will be sufficient to meet its operating requirements beyond its key development milestones in 2023 and into 2024.
$54.72 a Share by 2026
(Dynamic Offering of Common Stock) ATM facility puts control into a company’s hands, rather than in the hands of financiers. Typically less expensive, more flexible, and less likely to cause unnecessary dilution than other types of offerings, it’s a smart approach that will gain the backing of institutional holders.
Best bet is to hold it long term……there’s some larger money investors making huge daily gains….it’s not going anywhere but there making a killing off the penny when it rises and falls. You sell because you might be afraid it’s dropping but these extremely wealthy individuals count on that and then buy at a lower rate and send it on an upward trend and then sell off again. Just hold. It is set to not drop below a certain price point which I believe is .70 right now.
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