Psychedelic investing and trading

[tcon]

I put some of my NIO profits into RVV and MMED. Will be interesting to see how this industry developes.

[roopi]

These have been doing well the last couple of days. Bought into NUMI this morning.

[ExtraSlow]

I'm in NUMI, HAVN, and PLNT. not looking to day-trade these companies, only check the price about weekly. Up overall. That NUMI is my smallest holding, and wouldn't you know it, up the highest percentage. Hah, it works like that sometimes. I do subscribe to the "rising tide lifts all boats" theory in an emerging sector like this. We will see, I am patient.

[kobe tai]

Bought into RVV couple days ago. Up 24% so far. Is nice!

[kobe tai]

Caught the MMED dip this morning. Up 19% for the day now. Should I celebrate by eatings some zooms before work?

[Disoblige]

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Caught the MMED dip this morning. Up 19% for the day now. Should I celebrate by eatings some zooms before work?

Damn, I didn't know it dipped that low. I wanted an entry under $1.95. Boo.

[kobe tai]

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Damn, I didn't know it dipped that low. I wanted an entry under $1.95. Boo.

Got in at $1.87

[Disoblige]

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Got in at $1.87

Congrats. Now just be ES and fugget 'bout it, hey!

[FunWheelDrive]

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Got in at $1.87

I picked up 4500 shares @ 50 cents each, still holding. Also picked up 4500 $.79 Warrants (MMED.WT) at $1.10.. LETS GO Nasdaq uplisting!!

[ExtraSlow]

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Now just be ES and fugget 'bout it, hey!

This advice works in so many threads.

[The_Rural_Juror]

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This advice works in so many threads.

Your advice works in so many threads.

[Disoblige]

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I picked up 4500 shares @ 50 cents each, still holding. Also picked up 4500 $.79 Warrants (MMED.WT) at $1.10.. LETS GO Nasdaq uplisting!!

I don't think the NASDAQ listing will be a huge event. It might lift it short term, but I've seen way too many listings go on NASDAQ and it basically tanked.
But in any event, fundamentally I see value in this and I think it will pop in the near future. In order for it to pop, one must inception this stock to wallstreetbets.

[kobe tai]

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I picked up 4500 shares @ 50 cents each, still holding. Also picked up 4500 $.79 Warrants (MMED.WT) at $1.10.. LETS GO Nasdaq uplisting!!

Congrats!!!

[ExtraSlow]

wow SHRM is a bigger mess than I thought, hope they get themselves straightened out soon, this is embarrassing.
https://champignonbrands.com/news/ch...es-at-the-top/

[ThePenIsMightier]

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wow SHRM is a bigger mess than I thought, hope they get themselves straightened out soon, this is embarrassing.
https://champignonbrands.com/news/ch...es-at-the-top/

Wow.
Why are they named "Mushroom" but they're actually about Ketamine?

[ExtraSlow]

there's mushrooms under the ketamine, you have to dig further to find it. And I think that was the initial focus before they broadened. I actually think they have some neat opportunities, but bad management will fuck that up, so let's see how they pull themselves back together.

[roopi]

This is pretty insane. Up 55% on Numi in 2 days.

[ExtraSlow]

Numi is nuts. I'm up 201% overall on that one, but as I mentioned, it's my smallest holding.

[pheoxs]

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there's mushrooms under the ketamine, you have to dig further to find it. And I think that was the initial focus before they broadened. I actually think they have some neat opportunities, but bad management will fuck that up, so let's see how they pull themselves back together.

Tbh Ketamine therapy might be easier to be more mainstream than mushrooms. It's already technically legal as a controlled substance as it's used by hospitals and paramedics plus there are ketamine assisted therapy sessions in the US that I know of. Apparently it helps well with PTSD and addiction.

[jake1er]

I had small positions in NUMI and MMED from earlier this summer that both are up over 100%. I increased my position this morning by selling off some stocks that are green which cut dividends in the past year. I have personal experience with mushrooms really helping get over chronic depression and most of my biggest investing successes have been with investing in things I believe in. I like this industry in the medium term and I feel like there are gains to be made off of hype alone. It will be interesting to see how it develops over the next little while as psychedelic therapy and research becomes more common place.