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Bullboard - Stock Discussion Forum Numinus Wellness Inc T.NUMI

Alternate Symbol(s):  NUMIF

Healthcare
Numinus Wellness Inc. is a Canada-based mental health care company. The Company helps people to heal and be well through the development and delivery of mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Company's segments include Clinical Research Operations, Canadian Clinic Network and US Clinic Network. Its Clinical Research Operations is focused on... see more

TSX:NUMI - Post Discussion

Numinus Wellness Inc > Why is NUMI so deep in red?
View:
Post by BobbyAxelrod10 on Sep 30, 2021 4:07pm

Why is NUMI so deep in red?

NUMI has been quite concerning as of late. No news, no progress. I just hope they are quietly chugging away!
Comment by cressco on Oct 06, 2021 4:27pm
Because more people don't like it than like it.
Comment by cressco on Oct 06, 2021 4:33pm
Jokes aside. Imo 2 things. One is that overall sector sentiment is rock bottom; two their biz model n philosophy is obviously not being being recognized by the mkt as to have future value compared to the IP bio tech biz model.
Comment by ratsnake220 on Nov 02, 2021 8:32pm
its in the red because they simply are burning cash.....so it relies on momentum news....and the market timers and pump houses take it higher....Its kind of in no mans land now....6 months and cash is gone
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