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Bullboard - Stock Discussion Forum Mind Medicine (MindMed) Inc MNMD

Alternate Symbol(s):  N.MMED | N.MMED.WA | N.MMED.WR | N.MMED.WS

Healthcare
Mind Medicine (MindMed) Inc. is a clinical-stage biopharmaceutical company, which is engaged in developing products to treat brain health disorders. It is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen... see more

NDAQ:MNMD - Post Discussion

Mind Medicine (MindMed) Inc > Pay attention to this red flag
View:
Post by trader53 on Jun 01, 2021 7:34pm

Pay attention to this red flag

Insiders are shovelling their shares into the market. Its obvious they believe that MMED is ahead of itself in terms of share price otherwise there is no chance they would be unloading wheel barrels of paper at these prices.IMO this amount of selling will only attract the shorts as this share dump is like blood in the water to the sharks.The PSY sector in my opinion is about to pullback 30% to 40%... This sector has huge potential into the future but I am afraid the time factor will erode the market caps leading to a large correction. Just my opinion...
Comment by oldposty2 on Jun 02, 2021 4:03pm
There has been a short play on this since mid april, a large percentage of shareholders are users and bought in on the hopes of legalization, their being spooked and are panic selling.Why insiders are selling? Your guess is as good as anybodys. JMHO
Mind Medicine (MindMed) Inc
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