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

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

NDAQ:MNMD - Post Discussion

Mind Medicine (MindMed) Inc > 30:1 reverse split from MYCO
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Post by Polaris570 on Feb 21, 2021 10:58am

30:1 reverse split from MYCO

I made it! I got out from a 30:1 split with a small profit from MYCO when it was another name. Not sure if I will ever invest in here ever again because I learnt my lesson. Good luck to all with this and watch out for multiples offerings and reverse splits in the future with stocks of this nature. Nasdaq seems like a good idea but beware when the SP of this stock goes below 1$ for a certain time. The only way to get out a situation like this is with a reverse split! Just wanted to give my opinion with what is actually a very risky play here.
Comment by TeddyTenBags on Feb 22, 2021 10:23am
Sounds like you can't do math and that splits actually have no impact on the valuation of a company. Please enlighten everyone here as to what a stock split does the company's valuation? I would love to hear it!
Mind Medicine (MindMed) Inc