Psychedelic investing and trading

[BavarianBeast]

https://www.cybin.com/press-release/...ovember-8-2021

CEO made a positive tweet signalling some good news for it.


Lol @ ENBI from the grave. The one stock I didn’t average down on and the ones that gained the most in the last few weeks haha. Only down 40% now haha

[Tik-Tok]

"Buy the rumor, sell the news"

[nzwasp]

Ugh Cybin, 15% drop before the conference even starts

[Tik-Tok]

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Ugh Cybin, 15% drop before the conference even starts

The conference started before the market opened

[ExtraSlow]

I'm easily confused on CYBN since it's traded in two currencies.

[mr2mike]

Lots of cybin volume the past few days.

[max_boost]

OUchy today

[mr2mike]

Good thing I still have some CRCT stock on the US side or I'd be quite unhappy on this shroom doom.

[Tik-Tok]

Sold half my Cybin at 2.50 today (25% profit, yay!) and bought more MYCO with that money thinking it wouldn't go any lower... then of course it did, lol.

Edit: Thank fuck for Roblox today, lol.

[ExtraSlow]

Myco 30 baybee

[msommers]

Got out of ENBI after the run up with a measly 12% gain. Should have never got in but thankfully wasn't a loss.

[nzwasp]

My average cost for Cybn is 3.40 so Im staying strong with BB since its his high conviction that keeps me in the stock. I dont think we are going to see any serious price action until next year.

[max_boost]

Mind med and compass got wrecked. Still long psyk ofc but might have to average down at some point lol my two fave investing words

Average down

I mean it’s on sale

[jabjab]

Why is everyone so bullish on Myco...it's been doing horrible

[tirebob]

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Why is everyone so bullish on Myco...it's been doing horrible

I don't think it is bullish as much as speculative. Anyone buying psychedelic stocks probably understands it is a long term play waiting for legalization for things to pop off. That means looking for bargains now for future flips.

[jabjab]

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I don't think it is bullish as much as speculative. Anyone buying psychedelic stocks probably understands it is a long term play waiting for legalization for things to pop off. That means looking for bargains now for future flips.

oh yea i get that but does MYCO offer anything different to make them stand out against the others? I've just seen it pumped alot lately on this thread.

[ExtraSlow]

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Nice. I just put in a stinky bid for MYCO too, because of course I would want to increase my position. Had to sell some blue chips to do it, so, yeah.

Hmmmm, when you put in a stink bid buy order, and it's a long way below the current price, you feel pretty schrewd. When the transaction processes, and you realize you weren't even close to the daily low, you feel less smart.
oh well, loading up on MYCO.

[Tik-Tok]

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oh yea i get that but does MYCO offer anything different to make them stand out against the others? I've just seen it pumped alot lately on this thread.

I think we're all just buying it to average down and bag holding.

Edit: BB is either crying right now, or he's been slowly selling the last few days and that's why it's been dropping, lol.

[tirebob]

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I think we're all just buying it to average down and bag holding.

Edit: BB is either crying right now, or he's been slowly selling the last few days and that's why it's been dropping, lol.

Then there is me... "$0.20? Can't get much lower right? Sure I will buy 5000 shares now..." *Drops to $0.18...

[ExtraSlow]

At this point, I don't know what my next entry is....