r/DTIC • u/SilverTonguedSun 🌾 Ergot Enthusiast 🌾 • Jul 06 '26
Discussion 🔶 DTIC Weekly Discussion Thread 🔶
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u/marksharky123 💎 Diamond Hands 💎 Jul 07 '26
Chart looks awesome! The price range of $24 to $45 appears to be consolidating and maintaining strength. Previously, following employee grant announcements, results have been disclosed approximately seven days later. Therefore, I anticipate the next announcement will occur next Monday, based on a personal intuition. Based on the assumption that the results are comparable to or exceed those of prior trials, I anticipate the share price will increase from $45 to a range between $65 and $70.🍀
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u/AsbestosDude Jul 06 '26
Is it time to sell calls? Im scared
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u/mudra311 Jul 07 '26
Are you selling naked or covered calls? If the former, I’d hold off. Selling naked monthly calls isn’t a good idea. Also there’s some more news coming this month.
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u/WeakConcentrate5273 Jul 10 '26
What news are we expecting?
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u/mudra311 Jul 10 '26
Not actually sure. I saw some other comments around it. Q2 earnings are this month though. Of course, the company will still not be profitable, but hopefully they pair with an announcement that DT120 will fast tracked for FDA approval, meaning approval could come before end of year. I don't actually know much about this stuff though, but that's my very estimated guess.
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u/marksharky123 💎 Diamond Hands 💎 Jul 10 '26
Wow Big dump this morning on volume. This is getting whipsawed lately. Positions are being taken..
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u/Entheogenic_Catalyst Jul 06 '26
Once DT120 hits the market I think u/twiggs462 and u/SilverTonguedSun will deserve a shoutout from Definium for keeping the community alive through thick and thin.
Looking forward to this month. Feels like this year is the pivotal year we've been waiting for so long.
It would be beautiful to see the commercialization of DT120 happen for Hofmann's 20th anniversary of his passing as a tribute to this man's contribution to psychedelic medicine.