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Bullboard - Stock Discussion Forum Cybin Inc N.CYBN

Alternate Symbol(s):  CYBN

Cybin Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company creates psychedelic-based therapeutics to address the unmet need for treatment options for people who suffer from mental health conditions. Its N,N-dimethyltryptamine (DMT) and dDMT programs creates a dataset of systematic research on these psychedelic molecules. The Company is developing CYB003, a proprietary... see more

NEO:CYBN - Post Discussion

Cybin Inc > TSX listing would have been better
View:
Post by 88guy88 on Nov 13, 2020 12:24pm

TSX listing would have been better

the NEO is not followed as much and institutional fund managers will not invest in small caps under $2 and they also like alot of volume action that you would see on a larger exchange.....

the stock is likely unknown but is definatley in the right area of psychedelic solution....just a matter of time to get a bit more publicity....I saw article on stockhouse talking about the stock and potential.....just needs more visibility

best to get the shares cheap before they catch on and before they do phase 2 early in 2021....
Comment by CBDANDME on Nov 13, 2020 12:29pm
Looking like 0.85 is the floor at the moment!
Comment by 88guy88 on Nov 13, 2020 12:35pm
likely to build off that 85 cent floor.....with the area its in and the fact that they have a subligual application for it is a game changer and should take off once investors figure out what advantage they have I have heard of mushrooms that are not that pleasant to taste or digest and one account of a woman who took mushrooms and threw them back up because of the bad taste....its a youtube ...more  
Comment by CBDANDME on Nov 13, 2020 12:39pm
I was suprised as well.  Volume isn't terrible, could be worse, but I thought there would be somewhat more attention.  Also don't they have a phase II study commencing? 
Comment by 88guy88 on Nov 13, 2020 12:55pm
I saw on their website that the phase 2 trial is planned for first few months of 2021 so lets say February and then it takes 4 months for results....so with positve results which is highly likely the stock will have a major breakout in spring of 2021 the 85 cent cheap shares will be a gift come next spring....just my opinion... perhaps more legalization by then also.....I know Canada made some ...more  
Comment by CBDANDME on Nov 13, 2020 1:35pm
Welp, picked up more at 0.84
Comment by 88guy88 on Nov 13, 2020 1:50pm
good for you...can't  believe how impatient people are....its such an instant society now where everyone wants a 25% increase in 2 days.....just need some vision and patience for much more
Comment by CBDANDME on Nov 13, 2020 2:04pm
volume picked up today, albeit red, but... 
Comment by 88guy88 on Nov 13, 2020 2:21pm
my guess is a few nervous nellies that bought in at the IPO at 75 cents and were looking for a quick double that are just selling out in most cases these trader or investors know very little if anything on the company but just play the IPO game makes for nice bargains
Comment by Jim1274 on Nov 18, 2020 10:19pm
I completely agree with everything, I feel like there's something we don't know? Why the lack of interest? 45m in cash and 100m market cap? That's a steal!! Why is this not moving!!?
Comment by superzoomer710 on Nov 19, 2020 11:06am
 still having a hard time finding the value . No owned intellectual property….. No apparent paperwork for clinical trials filed….. Sure they may have “dream team”  from my observations will go burn around 2.2 million cash in 12 months. Why does the CEO have 375,000 options VS COO with over 12 million did I miss something???????    
Comment by realitycheck00 on Nov 19, 2020 1:54pm
You probbaly missed a few things such as 2nd most funded company in Canada ($55M raised) next to MindMed which gives them the cash for M&A. Large instituational investorbase from the US some of which are also investors in Compass which you can easily cross reference from their press release and Compass's website which lists them and I am sure these type of investors do not buy pie in the ...more  
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