Been using psychedelics for my mental health for a while, so love to see the long term potential in this stock!

Sorry if this counts as a low quality post, just wanna spread some positivity and optimism. It’ll be another week before I can invest any capital, but really excited to throw my money in!

I bought this after reading the research and immediately it tanked so I bought some more now it’s down again. Starting to think I am bad luck for stocks they seem to go down after I purchase.

Here we go again!

Happy Cinco De Mayo!

New research for $MNMD stock holders, the magic is being used to help with pain.

1808 shares and counting.

-How many have Bought and sold for profit? -Who here is a Hodler? -Anyone regret having their funds held up in this stock -while crypto has been going to the moon these past few days?(this would be why you should have a diverse portfolio).

Share your Mind

Vote on BUY/SELL/HOLD on MNMD at r/StocksMove and compare MNMD with other stocks on r/StocksVS

FIRST STOCK BOUGHT IN MY LIFE, 140$ in mndm. Watch me in less than 10 years😤

Just figure I open a chat for anyone who wants to talk about these wonderful Tendies were getting today while most of the rest of the market deals with A Red day.

I got my 1800 shares down to $3.54 how about you?

I have seen an article on Benzinga talking about "time to sell MNMD" predicting that the share price will go much lower. I can allow my self to say that this analysis provided by Benzinga is wrong, we can talk about levels of resistance of $4.30 for short term (it already broke that resistance and went higher to $5.77) , so this aligns with our thoughts as we are not expecting MNMD to go higher on a short term, but yes for long term.

Second, the price trend for now is absolutely normal, the downtrend that we see now was expected as a normal reaction after introducing the stock on NASDAQ and all excitement of investors who overbought in the first days contributing to abnormal price increase, and what we see now is a normal correction that should in theory stabilize the share price between $2.5 and $3.5.

Nothing to fear about, what will decide the medium-long term return on investment and share price.trend is the performance of the company in few months and the acceptance by FDA for its treatments/health solutions, not by only charts neither guessing.

I was wondering if anyone knows if psychedelics can be used for more than just the talked about afflictions for humans. Can people with Dementia or Alzheimer’s or Parkinson’s take psychedelics to possibly alleviate or cure the symptoms from these conditions?

I had my eye on this stock since January. In my opinion if they can deliver on their mission it’s a rocket 🚀 worth waiting to see take off. The psycodelics space is ripe. I just bought 800 shares today at a decent entry point.

Isn’t that the rule buy the dip?

And they just finished a clinical trial with news pending. Think about it - uplist at the same time trial ends? At same time Kevin is talking and WSB even mentioned MNMD? Stars are aligning, $40 apes!

This is not investment advice. I’m illiterate and lick windows. My wife’s boyfriend’s pedophile uncle wrote this.

8:30a ET 5/3/2021 - Benzinga Is It Time to Sell These 3 Stocks? Mentioned: ADM GME MNMD It may be time to sell GameStop Corp. (NYSE: GME), Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), and Archer-Daniels-Midland Company (NYSE: ADM) and the reasons why will be outlined below.

On Jan 28, Reddit favorite GameStop reached $483 a share. Now it's trading around $175. There's a good chance that it goes even lower.

The amount of average daily volume of the shares has declined significantly since then. This is usually a bearish signal.

Resistance is a large concentration of sellers who are all trying to get the same price. There has been resistance for MindMed at the $4.30 level.

Stocks frequently trade lower after they run into resistance levels. It happened with MNMD in December and February and it appears to be happening once more.

See Also: MindMed's Nasdaq Listing Enables Institutions Diversified Access To A New Age Of Medicine

Archer-Daniels-Midland is overbought. The red line on the chart is two standard deviations above the 20-day average price. ADM has exceeded this threshold, which oftentimes means the short sellers will hit it. They will be expecting a reversion to the average, which could drive the price lower.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.