Psychedelic investing and trading

[Tik-Tok]

I'm new to trading, but will they halt trading before a bankruptcy announcement, or after?

[ExtraSlow]

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Well I think we all need that 100 bagger so lets go with your idea!

If it opens lower, I guess I'm averaging down too! Already own far too many shares of this one, but I can't resist a bargain. @BavarianBeast that's the move right?

[tirebob]

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I'm new to trading, but will they halt trading before a bankruptcy announcement, or after?

Well aren't you quite the little pessimist today....

[ExtraSlow]

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I'm new to trading, but will they halt trading before a bankruptcy announcement, or after?

Bankruptcy would be the wrong word for most of the potential negative events here. I don't think a true bankruptcy is possible for this company right now.

[Tik-Tok]

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Well aren't you quite the little pessimist today....

Watching my beer money get reduced to ditch water money has done that to me, lol.

No bankruptcy though (yet). They announced new funding.

[tirebob]

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Watching my beer money get reduced to ditch water money has done that to me, lol.

No bankruptcy though (yet). They announced new funding.

Yep just saw this...

https://www.mydecine.com/investors/n...pany-update-on

[ExtraSlow]

My honest best guess is a "bought deal financing" type announcement on a huge new dilutive share issue, with proceeds used to fund operations. Not great news for current shareholders, but better than not having funding.

EDIT: I see the correct answer was posted above and I was incorrect. Debenture financing is probably better for shareholders than equity financing. I'll take it.
Edit2: I should read the whole press release before posting. Don't listen to me. Just spouting, nearly everything I wrote was wrong.

[tirebob]

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My honest best guess is a "bought deal financing" type announcement on a huge new dilutive share issue, with proceeds used to fund operations. Not great news for current shareholders, but better than not having funding.

EDIT: I see the correct answer was posted above and I was incorrect. Debenture financing is probably better for shareholders than equity financing. I'll take it.
Edit2: I should read the whole press release before posting. Don't listen to me. Just spouting, nearly everything I wrote was wrong.

You are right often enough that I give whatever comes out of your big brain due consideration...

[ExtraSlow]

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You are right often enough that I give whatever comes out of your big brain due consideration...

I've tricked some of the people at work into thinking that same way.

[JRSC00LUDE]

I feel I should have avg'd down when I said so last week!

[ExtraSlow]

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I feel I should have avg'd down when I said so last week!

It was only about a penny lower, NBD bro. When it's $30 you won't be worried about that.

[JRSC00LUDE]

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It was only about a penny lower, NBD bro. When it's $30 you won't be worried about that.

I'll be worried about the extra thousands of shares I didn't buy haha, man I am a weak gambler!

[ercchry]

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I'll be worried about the extra thousands of shares I didn't buy haha, man I am a weak gambler!

[ExtraSlow]

well, I put in a stinky bid for lots of shares at a 0.125 price. If that hits, I'm basically doubling down. Don't have time to watch every day. Plan to be away from my computer.

[BavarianBeast]

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If it opens lower, I guess I'm averaging down too! Already own far too many shares of this one, but I can't resist a bargain. @BavarianBeast that's the move right?

Hell yeah, but I think you need to increase the price on your stink bid to $0.145 at least

[ExtraSlow]

I'll reevaluate next week.

[Tik-Tok]

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I'll reevaluate next week.

I heard it's going up to $30 next week.

[ExtraSlow]

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I heard it's going up to $30 next week.

I've done the math and lunch is on me when it does.

[JRSC00LUDE]

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I've done the math and lunch is on me when it does.

Well that's the biggest non-confidence vote I've seen in awhile.

[jabjab]

Why is everyone so convinced that MYCO will go up vs other similar companies? This thing has been falling like crazy for the last bit