Numinus Wellness Inc T.NUMI

Alternate Symbol(s): NUMIF

Healthcare

Numinus Wellness Inc. is a mental health care company. The Company focuses on advancing traditional and behavioral health treatments with a focus on safe, evidence-based psychedelic-assisted therapies. Its segments include Clinical research operations, Practitioner Training, Clinic network, and Corporate. Clinical research operations segment is focused on licensed psychedelic research and provides clinical research management services to academic institutions and biotechnology companies. Practitioner Training segment is engaged in education and training for research and drug development organizations to support clinical trials and commercialization efforts. Clinic network segment includes wellness clinics, which is engaged in providing clinical services from psychedelic-assisted therapies, transcranial magnetic stimulation, and psychiatric and medical model management. Corporate segment includes finance, marketing, information technology, legal, and human resources.

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Numinus Wellness Inc

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Comment by BuddyGuyManon Jun 18, 2020 9:39pm

312 Views

Post# 31167569

RE:Wow!

Yep - I don't know if I've ever seen an IPO perform worse! From $1.55 to $0.36 in less than a month. So if whoever bought at $1.55 still has those shares, they need the stock to go up +300% to come close to breaking even. Amazing.

To be fair, it opened way too high on day one. But I will say this thing is coiled like a spring. The RSI is supremely oversold. Could be a fun entry around here, especially in anticipation of more news flow.