Psychedelic investing and trading

[Disoblige]

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Shroom ETF coming to USA.

https://pub.webull.com/us/news-html/...isSymbol=CLXPF

PSY carries 21 companies, out of which 35% are psychedelics companies, including Compass Pathways (NASDAQ:CMPS), MindMed (NASDAQ:MNMD), Numinus (TSXV:NUMI) Cybin (NEO: CYBN) (OTCQB:CLXPF), Field Trip Health (CSE:FTRP) (OTCQX:FTRPF) and Red Light Holland (Canada: TRIP) (OTC:TRUFF). The remaining 65% is covered by companies in the medical cannabis space.

I wonder if this is why MYCO tanked.

[Tik-Tok]

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I wonder if this is why MYCO tanked.

I have to stop looking at this thread. Trying to ignore my ongoing losses, but people keep posting about how all my stocks are dropping, which forces me to check my portfolio.

At least I'm up on RBLX, lol.

[ExtraSlow]

I try, really hard, to look at the shroom stocks as long term holds. The previous trading on Numi covered most of my current position so I'm able to be a bit relaxed about it.

[max_boost]

If you think this is the bottom, sell it and rebuy right away and just pay the $10 fee. That way it’s nothing but green from here on out lol

[ExtraSlow]

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If you think this is the bottom, sell it and rebuy right away and just pay the $10 fee. That way it’s nothing but green from here on out lol

Now that's a supersystem.

[cdnsir]

Sector's all over the map this week. Individual stocks are swinging +/- 5% depending on day of week with no real news behind it. Maybe Biogen triggering some FOMO here?

[tirebob]

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Sector's all over the map this week. Individual stocks are swinging +/- 5% depending on day of week with no real news behind it. Maybe Biogen triggering some FOMO here?

Numi is up like 10% today

[schurchill39]

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Numi is up like 10% today

I'm FINALLY in the green with them.

[mr2mike]

https://globalnews.ca/news/7934737/c...rch-chair/amp/

Seems like it's gaining more and more traction.
I'm not thinking it'll be a free for all like pot.
But definitely worthy of medically used applications (and for Joe Rogan).

[ExtraSlow]

Yeah, I think the medical application for this will be 10x more than pot, but the recreation side will be 1/10th maybe? no idea where that leave it in terms of industry market growth potential. Somewhere good hopefully. DOn't like seeing a -35% beside one of my largest holdings, but whatev, I'm chill, sorta.

Shit, even if the investment doesn't make me rich, I'm happy to do my part to assist research into real effective treatments for PTSD and chronic depression. Those are massive social problems.

[schurchill39]

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Shit, even if the investment doesn't make me rich, I'm happy to do my part to assist research into real effective treatments for PTSD and chronic depression. Those are massive social problems.

Agreed, selfishly I really want to see some drastic breakthroughs on those fronts. But if the greater community can also benefit then I am all for it. Take my money mutha fuckassssss

[JRSC00LUDE]

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Shit, even if the investment doesn't make me rich, I'm happy to do my part to assist research into real effective treatments for PTSD and chronic depression. Those are massive social problems.

I don't have enough in to get rich. Too scared hahaha

Also scared of a couple hitting and living in ragrets!

[max_boost]

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Yeah, I think the medical application for this will be 10x more than pot, but the recreation side will be 1/10th maybe? no idea where that leave it in terms of industry market growth potential. Somewhere good hopefully. DOn't like seeing a -35% beside one of my largest holdings, but whatev, I'm chill, sorta.

Shit, even if the investment doesn't make me rich, I'm happy to do my part to assist research into real effective treatments for PTSD and chronic depression. Those are massive social problems.

I am telling you. If you sell it and rebuy it won't be -35% lol

[Tik-Tok]

Some January 2018 MYCO prices would be nice. I can wait a few year for that.

[mr2mike]

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I am telling you. If you sell it and rebuy it won't be -35% lol

Protip

I am watching CYBIN I like how the chart is doing. Stuck in the resistance area but watching it not swing largely is good. Then one day... @max_boost buys more and it'll drop

[max_boost]

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Protip

I am watching CYBIN I like how the chart is doing. Stuck in the resistance area but watching it not swing largely is good. Then one day... @max_boost buys more and it'll drop

It's basically fact. NSX and 911 prices went up after I sold and condo prices went down after I bought. Something like a phenomenon.

[ExtraSlow]

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It's basically fact. NSX and 911 prices went up after I sold and condo prices went down after I bought. Something like a phenomenon.

- - - Updated - - -

[mr2mike]

Had to toss on some LL after that reply.

[ExtraSlow]

CYBN did a thing this week. I'm not negative on that one anymore. That's nice.

[JRSC00LUDE]

Me either! Still super red on myco and enbi!