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Thread: Psychedelic investing and trading

  1. #621
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    Nice! And they didn't use the approved stock consolidation to do it.

    A $3 share price requirement for AMEX. Pat on the back for all us $1.xx HODLers.

  2. #622
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    As an investing noob. What exactly does this mean? They say they are maintaining their current NEO listing, so does that mean the NYSE one will be like an IPO? If not, does our stock holdings move over to NYSE? Does the price just convert to USD?
    Quote Originally Posted by killramos View Post
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    The AHS system is quite good.

  3. #623
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    More exposure and more Americans can easily buy this.

  4. #624
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    Quote Originally Posted by mr2mike View Post
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    More exposure and more Americans can easily buy this.
    So the NYSE listing is directly linked to the NEO one? It's not a "move" but just a door opening?
    Quote Originally Posted by killramos View Post
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    The AHS system is quite good.

  5. #625
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    Quote Originally Posted by Tik-Tok View Post
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    So the NYSE listing is directly linked to the NEO one? It's not a "move" but just a door opening?
    I would say so.

    The company’s over-the-counter shares will uplist into the NYSE American’s Small Cap Equity Market. Cybin shares listed on Canada’s NEO Exchange will remain listed there. The Company has reserved the ticker CYBN for the NYSE.

    Drysdale said the company expects “expanded access to investors to further fuel our mission to develop revolutionary psychedelic therapeutics for patients suffering from mental health conditions."

    Approval remains conditional and is still subject to final NYSE approval and the satisfaction of regulatory requirements.

  6. #626
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    Nice to see Cybin hit $4 today. Look forward to $20. I’m diamond hands until then.

    https://hcwco.bluematrix.com/sellsid...df&co=Hcwco&id

    $8 target and report from HC Wrainwright

  7. #627
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    Yep, nice.

  8. #628
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    Quote Originally Posted by BavarianBeast View Post
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    Nice to see Cybin hit $4 today. Look forward to $20. I’m diamond hands until then.

    https://hcwco.bluematrix.com/sellsid...df&co=Hcwco&id

    $8 target and report from HC Wrainwright
    Do you believe it will get to $20?
    Quote Originally Posted by BavarianBeast View Post
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    Could have been over 60% if I wasn’t a paper hand bitch

  9. #629
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    Hell yeah I do.

    https://www.businesswire.com/news/ho...-Common-Shares

    Hopefully the new offering is @ $4.00 or something or like that. Cannacord likes to pay high $ for psychedelics so let’s hope for the best! I imagine a bit of a dip tomorrow anyways.

  10. #630
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    Issuing more shares is smart, but dilutes existing shares.

  11. #631
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    Picked up some more of cybin @ $3.36

  12. #632
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    https://www.businesswire.com/news/ho...0728006105/en/

    Cybin Receives Final Approval to Commence Trading on the NYSE American on or About August 5.
    Quote Originally Posted by killramos View Post
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    The AHS system is quite good.

  13. #633
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  14. #634
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    Quote Originally Posted by Tik-Tok View Post
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    https://www.businesswire.com/news/ho...0728006105/en/

    Cybin Receives Final Approval to Commence Trading on the NYSE American on or About August 5.
    Should I buy more shares? Currently have 900.

  15. #635
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    My financial advice is not to take financial advice from anyone on the internet.

    But shroom shares are good.

  16. #636
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    Quote Originally Posted by nzwasp View Post
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    Should I buy more shares? Currently have 900.
    Speaking from past up listings, there is a euphoria on the rise and listing.

    But look at the mind Med stock. It dropped immediately.
    Now it has to fight past all those bag holders to get an upward trajectory.

    Weedstocks kept rising after uplisting as it gained exposure.

    My best advice, only buy what would allow you to sleep at night if it went to zero.

    Screenshot_20210728-214128.jpg
    Last edited by mr2mike; 07-28-2021 at 09:42 PM.

  17. #637
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    Quote Originally Posted by nzwasp View Post
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    Should I buy more shares? Currently have 900.
    If it makes you feel any better, I’ve only got 50k shares

  18. #638
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    Quote Originally Posted by ExtraSlow View Post
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    Issuing more shares is smart, but dilutes existing shares.
    Just happy they didn’t throw a bunch of silly warrants into the mix

  19. #639
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    Quote Originally Posted by BavarianBeast View Post
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    If it makes you feel any better, I’ve only got 50k shares
    I bought an extra 5000

  20. #640
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    Quote Originally Posted by nzwasp View Post
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    I bought an extra 5000
    Approved.
    I don't have 50k shares.

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