Bullboard - Stock Discussion Forum Cybin Inc N.CYBN

Alternate Symbol(s): CYBN

Healthcare Drug Manufacturers - Specialty & Generic

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

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NEO:CYBN - Post Discussion

Cybin Inc > Looks like back into the 60s

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Post by 88guy88 on Nov 24, 2020 9:55am

Looks like back into the 60s

zero positive momentum....big sellers at the IPO price of 75 cents and no buyer demand.....slipping back down the mountain....

743

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Comment by Jim1274 on Nov 24, 2020 10:55am

There's significantly more buying volume then selling volume so youtheory is garbage but the volume is still low, needs a litttle or to light the fire!!

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Comment by 88guy88 on Nov 24, 2020 11:15am

speaking of garbage.....there can't be "significantly more buying volume than selling volume".....because for every buying share there must be an equal selling share the volume is low and that just means the number of players is low.....the market sentiment is whats important and that is what determines the price direction....thats the bid lots vs the ask lots and the ask lots are ...more

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Comment by Jim1274 on Nov 24, 2020 3:08pm

It's trading in and around the ipo consistently for the last week, given there is no volume, I'd say that a pretty good thing at the moment, it's means there aren't many weak hands holding at this point, apparently it just popped up on ameritrade today aswell so that should help a bit

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Cybin Inc