Hello fellow Bulls, hope you caught the train on MMED and any psychedelic stocks before they left the station, the volatility I witnessed on MMED is quite scary, specially the last 2 days that were a 30% drop. However, the public deal announcement that drove the stock 30% down was a necessary move to get cash. Without cash, this company wont survive, that's why they are getting it and a lot of it. They need it to pay not only the management of the company but also to acquire new information, data, tools and people that specialize in psychedelics which can costs millions of dollars, specially when they have to acquire other small companies for these resources. Anyway, I am here to give you all another possible hit point we can achieve by holding this stock. I predict the stock to reach up to 10$ per share on NASDAQ announcement and 20$ on NASDAQ opening. There is still place of growth and while the stock now at 4.5$, it is still a green go to buy it. The worst already behind, the stock stabilized at price of 4$ and will have a good checkpoint to start rising from. The NASDAQ news is still unknown but lets hope it will come soon, I'd say maybe maximum 2 months of waiting. I bag-hold myself already 14000 shares from 1$ and still wait for the NASDAQ news. Another tip I would recommend to people who can afford less, buy TRIP, I can't say their reliability for long term but the stock is super cheap at 0.38 cents a share and if MMED will rise up, TRIP will be on its back rising the double. Good luck mates.
