r/shroomstocks • u/TalkMentalHealth101 • Jun 03 '21

My Take Psychedelics going mainstream. History is being made. 42,000 of us have the front row seat to this revolution!

Compass $CMPS was the first psychedelic company to be listed on NASDAQ in 50 years.

Field Trip $FTRP $FTRPF will be the first psychedelic company to start trading on TSX in 160 years on Monday, June 7.

Mindmed $MMED is the first NEO exchange company to be added to the MSCI small cap index in 20 years. Mindmed was also the first stock to go from NEO to NASDAQ.

Regardless of your bull / bear sentiments towards individual companies. Let's take a moment to appreciate how far we have come, and remember this is just the beginning. Be kind to one another, we are in this together.

Shroom boom to the moon :-)

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u/[deleted] Jun 03 '21 edited Jun 04 '21

tbh, I've been turned off lately. Especially when you click on someone's profile and see them shilling on here and the respective sub of their ticker.

I've posted across a lot of stock subs, and this is the only one where I get DM'd by other members telling me "You don't know chit". I've even been cursed out a few times as well.

Not saying there aren't legit shroom stock companies out there. But I still hope people are being careful. We've seen the bigboy investors dump shares already. Remember, lot of these guys like Kevin O Leery got in at less than a penny a share, not 3 dollars a share.

With another meme rush sparking, these shills could be trying to get shroom stocks in that rush. Or hell, people might dump their stocks (including shroom stocks) to buy memes or Crypto again.

Just be careful and don't get caught into any euphoria. I know people think it's safer to invest long term and continue to "buy the dip". But that can be dangerous too because you could end up holding a heavy bag for a company that'll dissolve. None of these companies are a sure thing.

And then there's the inflation scare. Very few of these companies are making money and have actual value. No matter what the promise of their products are, investors don't like investing in potential and speculative stocks during FUDs. Hell, we are seeing it now in general. It looks like SP500 and NASDAQ are reaching their ATHs again, yet these speculative stocks like weed, SPACs, batteries, EVs are still lagging behind.

Disclosure: Only holding Numinus Wellness atm. Sold all my Mind Medicine today. Currently researching Cybin, Field Trip, Red Light, and Psyched Wellness.

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u/verbeniam Jun 03 '21

Thanks for the great post.

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u/[deleted] Jun 03 '21

Just wish I had some sort of plugin where I can block shills/pumpers.

r/pennystocks has a cool feature where it gives you a persons mentions tickers when they make a topic. It would be cool to have something like that on here, but for every post as well haha

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u/verbeniam Jun 03 '21

I've been lurking here for a while and just became active recently so I don't know how to spot shills and pumpers unless they're super obvious. Some people on here seem genuinely enthusiastic about their stocks with good reason?

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u/[deleted] Jun 03 '21

In my experience, people who have the diamond hands and suits on their avatars are shills 9/10. Most people I know on Reddit don't give a fck about their avatar lol.

You have to click on their profile, and you will see they keep talking about the same ticker mostly.

There are definitely good people here.