Mind Medicine (MindMed) Inc N.MMED.WR

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

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 drug classes, including MM-120 and MM-402, the Company's product candidates. MM120, is a proprietary, pharmaceutically optimized form of lysergide D-tartrate that it is developing for the treatment of generalized anxiety disorder (GAD). MM-120 is also being studied in a subperceptual repeat administration dosing regimen for the treatment of attention deficit hyperactivity disorder (ADHD). MM-402, also referred to as R(-)-MDMA, is the Company's form of the R-enantiomer of 3,4-methylenedioxymethampheta (MDMA), which the Company is developing for the treatment of autism spectrum disorder (ASD).

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Mind Medicine (MindMed) Inc > Price action

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Comment by TeddyTenBagson Mar 26, 2021 10:49pm

228 Views

Post# 32891952

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Price action

What's predictable is your inability to backup your claims and that you'll continue to prove you don't know what you're talking about.

1) Political support is not a fundamental lololol. Where did you clear up that fundamentals exist in your post? It's pretty clear you have no idea what fundamentals are - Revenue, EBITDA, NPV of future cash flows, etc.

2) There* - not "Theyre". You can't even use punctuations properly either.

3) Technicals and fundamentals go out the window with a stock that is purely speculative. You're basing the support being at $2 because it traded at that level for about a week before tripling over the following two weeks? That's laughable.

4) No one has been shorting this stock. Look it up - been roughly 1% or less of the total share count. I've called people out on this already like maysteeler who loves to tell everyone that the billionaire hedge funds are shorting the stock.

I think we're done here. Later pal.

Gilly123 wrote: LOL you are so predictable... . The fundamentals are not as important but they still exist man. An example of this is increased political support in the space.

If we look technical chart we can find levels of previous support and resistance, Theyre currently are two obvious levels around the $2 and $1 area. Given that the volume is decreasing and we have no support until $2. I could see a slow trickle down without a positive catalyst. Since we agree this is a spec play, the technical are really all that matter when predicting future price targets. Right now the momentum is to the downside so I look to areas of previous support. Also these large gaps are typically shorted after a big pump.

Does this provide you enough reasoning?

So again, now that we have cleared up that fundamentals exist, we can look to the technicals to find a future price. So why the heck would I buy at 3 plus dollars after a big spec pump?!! Because we are in a short-mid term bearish trend and odds are I will make a lot more buying at $1-2. Technical Technicals Technicals, This is a traders stock at the moment.