Mind Medicine Mindmed Inc (PK) (MMDCF) News

This stock may need a little of its own medicine:)

This stock is resilient. Tells me the institutional longs have no desire to sell until we are significantly higher. $50-100 range. The market for their product is almost Infiniti

Agreed

MNMD recovering!
Bullish!!!!!!!!!!!!!!!!!!!!!

Multi-billion dollar valuations are approaching.
https://www.businesswire.com/news/home/20240508064415/en/MindMed-Reports-First-Quarter-2024-Financial-Results-and-Business-Updates

Not a lie. Completely different drugs. Do you have Google Marc?

And I quote:

Savannah-Marc
04/14/24 2:40 PM
Post #9,370
Keep your eye on the prize my fellow MindMed shareholders. A company with a similar profile was bought out for $14 billion while still in FDA Phase 3 clinical trials and WITHOUT FDA Breakthrough designation! Know what you own! Stay well my people!
https://www.biopharmadive.com/news/bristol-myers-karuna-acquire-schizophrenia-kar-xt/703313/

You say things and spin lies like they matter. Your opinions are worthless on whatever board you try and yuck it up on. Stick to giving "stock tips" from the drive thru window and don't forget the ketchup packets, that's the most important part!

How are they similar? Because they're both in phase 3? You could say that about hundreds of drugs. KarXT is NOT a psychedelic while MindMed's drugs are all pcychedelics, so not similar.

Typical response 🤣

AWESOME!!!!!

MindMed Presents Phase 2b Study of MM120 for Generalized Anxiety Disorder (GAD) at American Psychiatric Association (APA) Annual Meeting in New York

https://finance.yahoo.com/news/mindmed-presents-phase-2b-study-120000301.html

I have never seen a PR on a Saturday.

MNMD 10 day hourly

I think so

Maybe back to $12 next week

MindMed will be the vanguard of the shroom boom, only a matter of time before this trades in the BILLIONS!!!!!

Agreed

Primed to go sky high. This along with ATAI will be big players in this market. Also, while not related but will be a catalyst is the fact they are going to deschedule Cannabis. This is huge for this sector because of optics.

Supposed “Special Meeting” on June 9
As seen on Reddit/WeBull

I believe MindMed's FDA Breakthrough designation is going to increase value at breakneck speeds.
https://www.fool.com/investing/2024/04/25/this-small-cap-stock-is-up-150-this-year-and-heres/

Another recent bullish article.
https://investorplace.com/2024/04/the-top-3-small-cap-stocks-to-buy-in-april-2024/

Shroom boom is coming, only a matter of time!
https://www.nationalgeographic.com/premium/article/psychedelic-medicine-veterans-ptsd-anxiety-depression

Stop making shittz up! This stock is EASY $30 per share by measuring it to other companies that were in similiar circumstances such as ENTERING FDA PHASE 3 and ACHIEVING FDA BREAKTHROUGH DESIGNATION! MindMed is wayyyyyyy UNDERVALUED!!!!!

Only if Re/De-Scheduled or Major News
This was overbought after the FDA breakthrough announcement, and rightfully so because barring the dilution MNMD would probably be on the moon by now at 25-50pps

I think MNMD drifts a bit and worst case closes the big gap at 6-7pps. This is only short term as I full expected a moonshot here once Phase 3 news starts to materialize and eventually more info on MM-120 getting to market.

In the meantime, this volatility is excellent for generating cash. I’m not usually a day trader but it’s pretty easy to scalp a couple hundred $ and sometimes a few thousand per day by selling covered calls. I would never short the equity or sell naked calls on a biopharma but sell covered calls, close the intraday or next day, rinse and repeat.

Good times!

Oversold, ready for a bounce back to $11

Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?orderBy=percentChange&orderDir=desc

Watch this.... https://www.hcplive.com/view/daniel-karlin-md-fda-grants-breakthrough-designation-to-mm120-for-anxiety

No worries here my friend. Keep buying on this side!

Keep your eye on the prize my fellow MindMed shareholders. A company with a similar profile was bought out for $14 billion while still in FDA Phase 3 clinical trials and WITHOUT FDA Breakthrough designation! Know what you own! Stay well my people!
https://www.biopharmadive.com/news/bristol-myers-karuna-acquire-schizophrenia-kar-xt/703313/

Closed the Calls at .4
I’m happy with the returns but not too happy with the overall close for the week. Losing the 10 mark is always unsettling. Short term I would not be surprised to see MNMD drift lower. There are rumblings about significant federal action next week to re or de-schedule cannabis and psychs but that’s nothing new until the government finally takes action with legislation. For reals tho, if the FDA is saying psyches and cannabis have medical applications it’s about f**king time to do something. It would be incredibly embarrassing, and a potential liability if MNMD had a great Phase 3 trials and was ready to go to market but inane, outdated laws prevented the company from doing so!

Vomit.

So Close to Covering My Short Calls
Since the FDA BTD designation I’ve been hammering the Apr 19 10c….sell to open, buy to close, profit, rinse and repeat. Easy money with the recent volatility. I’m on what will be my final trade on those covered calls….sold to open last week, 10 contracts for 1.75per. This dip may be the opportunity to close but I’m looking to cover at .50 or lower. Even though I’m fine selling at 10pps I really don't want the shares to be called away. Either way, I’m stoked and this volatility is awesome!

So Close to Covering My Short Calls
Since the FDA BTD designation I’ve been hammering the Apr 19 10c….sell to open, buy to close, profit, rinse and repeat. Easy money with the recent volatility. I’m on what will be my final trade on those covered calls….sold to open last week, 10 contracts for 1.75per. This dip may be the opportunity to close but I’m looking to cover at .50 or lower. Even though I’m fine selling at 10pps I really don't want the shares to be called away. Either way, I’m stoked and this volatility is awesome!

Buck Yeah! This article compares MindMed to Gold and Costco! Yacht Week is coming soon!!!!!!!
https://moneymorning.com/2024/04/10/three-stocks-mindmed-gold-and-costco/

High times ahead.....for the share price lol

That is huge if true!

News Coming Over the Next Few Days?
Rumblings about some major changes coming to over the next week.

Some of the CA dispensary owners I consult with have been told by the state that there is eminent federal action.

Not sure what this means but might be the big one we’ve all been waiting for

Shroom Boom incoming.....but only for MindMed!!!!!!!!!!

lol true dat

go big or go home! :)

I’m cool with it sitting here for a bit, as we all know it’s either gonna be a 100x or bust

They now look a lot worse. Had to sell my calls at a small loss. Can’t take the risk.

Very disappointing.

I’m cool with it sitting here for a bit, as we all know it’s either gonna be a 100x or bust

shhhh pps goes down whenever confidence increases LOL

besides, RSI was overbought yesterday at 70ish

This should be fairly priced at $30 ! ! !

Yeah saw that $13.20 pre market trade.. thought dang this may go up today

Idiots selling this morning. Was north of 13.

Thanks. May grab some of those today. Good luck.

Captain 🧑‍✈️ we’re about to takeoff 🛫
Get your coffee ☕️

Congrats
Got 10$,14s and 15 calls