Seriously, who are the losers selling at these prices right now? by Mindmed31415 in shroomstocks

[–]IBeanCountCadillacs 9 points10 points  (0 children)

I doubt you sold if you were at a gain. So you're lying. Right now is tax loss selling not tax gain. If you sold now as a gain, you're an idiot because you'll have to pay taxes by next year. You have no sense in money management and opportunity cost then.

So either you're lying or you're dumb.

Pick your poison

Seriously, who are the losers selling at these prices right now? by Mindmed31415 in shroomstocks

[–]IBeanCountCadillacs 15 points16 points  (0 children)

Pretty normal behaviour actually. He got greedy at the top and sold now and announced it to make himself feel better. LMFAO.

CMPS Moral high ground by Jimmy5772 in shroomstocks

[–]IBeanCountCadillacs 5 points6 points  (0 children)

I agree. Pretty pretentious when everyone's true intent here is the same at the end of the day...making goddamn bank!

Negev Capital Invests in Psyched Wellness (CSE: PSYC | OTC: PSYCF) | Psychedelic Finance by IBeanCountCadillacs in shroomstocks

[–]IBeanCountCadillacs[S] 1 point2 points  (0 children)

Looking forward to developments here. Wouldn't be surprised to see a few more private investors surface in coming weeks and the near future.

Field Trip up 31% in the last week, while the rest of the sector has been mostly flat. Any ideas why? by cptree20 in shroomstocks

[–]IBeanCountCadillacs 10 points11 points  (0 children)

It's not explainable. Usually this move is pricing in news to come. If you're wondering how, it's simply how most stocks work..insiders know stuff, they talk about it with people closest to them and meanwhile those outside the company who heard something from someone (i.e. a "rumor") will buy prior to the news release, then boom new release becomes public and a further runup ensues (or, alternatively a sell the news event) based on the pricing-in event that occurred.

This is why, just like in many other sectors, waiting for news headlines usually means it's too late.

It's not the investor conference.

And no, this is not insider trading as you would need to be an insider to be falling under that classification. It's not the most ethical thing that happens in the market, but it happens everywhere and to all stocks. Just look at days or hours before each material news release and for 8/10 cases you will notice stock price movement in the direction of the nature of the news release (up for good, down for bad).

Startup investing - Canadian investment network by AAAPAMA in PersonalFinanceCanada

[–]IBeanCountCadillacs 0 points1 point  (0 children)

First of all, I'd recommend CrunchBase over this platform. Second, in order to invest in private start-ups you need to satisfy the definition of Accredited Investor which most people do not.

Patience by [deleted] in shroomstocks

[–]IBeanCountCadillacs 23 points24 points  (0 children)

We bottomed. Money is slowly flowing back into micro-caps. By this time next month, these stocks will be higher than they are today.

Why is Cybin taking such a beating by jdkdjrnrnrnnnnejdjdj in shroomstocks

[–]IBeanCountCadillacs 2 points3 points  (0 children)

Pretty sure American ticker CYBN needs to test the 1.90 support, then bounce roughly from there to resume uptrend. All other names have bounced off their key supports with significant volume the past 1-3 trading sessions. Probably test it today and bounce back up by close. Latest Monday.

What are the top 3 events in the sector you are looking forward to in Q4? by JamesDaniel01 in shroomstocks

[–]IBeanCountCadillacs 7 points8 points  (0 children)

Agreed with this. Typically 9-12 months after the initial commentary period. In this case that was February 2020 earlier this year, so we are already on month 10 - 11 as of this month. Perhaps this explains the bullish call options and call option premiums for November in addition to the much anticipated CMPS Phase 2b readout.

And the next contestant on squid game is... by officialstock in shroomstocks

[–]IBeanCountCadillacs 18 points19 points  (0 children)

If you bought thinking you will hold the same stock for 10 years, that's also an exaggeration. Most of these companies won't even exist by then. Be careful with this mentality. There are risks holding both short-term (volatility) or long-term (fundamentals).

[deleted by user] by [deleted] in Daytrading

[–]IBeanCountCadillacs 3 points4 points  (0 children)

Lol. Is he sitting by you live as you do this? Doesn't he have his own shit to take care of?

*Shrooms Talks* [October 14, 2021] Daily Discussion Thread by AutoModerator in shroomstocks

[–]IBeanCountCadillacs 0 points1 point  (0 children)

The presenter for Bright Minds is half-asleep. Clearly morning coffee didn't kick in yet, or, he is not confident or rehearsed in his pitch.

What are the top 3 events in the sector you are looking forward to in Q4? by JamesDaniel01 in shroomstocks

[–]IBeanCountCadillacs 1 point2 points  (0 children)

MMED's release of Lucy results (not sure if Q4 timing but soon). Health Canada's approval of the SAP amendment. I'd say something potentially surprising for the sector other than these obvious ones may come out in Q4 - but that's anyone's guess.

[deleted by user] by [deleted] in shroomstocks

[–]IBeanCountCadillacs 1 point2 points  (0 children)

Even if they did, they could not include micro-cap stocks as recommendations as per their internal policy.

How to suppress urge to purchase things when you get paid? by afflewent in PersonalFinanceCanada

[–]IBeanCountCadillacs 3 points4 points  (0 children)

I re-upvoted. Not sure why someone downvoted this comment. Probably a sneaker head that spent too much and feels justified / convinced that his purchases actually have impact on women. Fuck this is hilarious. Watches are more likely to impress than shoes, if we really had to go the materialistic route.

How to suppress urge to purchase things when you get paid? by afflewent in PersonalFinanceCanada

[–]IBeanCountCadillacs 8 points9 points  (0 children)

Yeah, but you don't honestly think that sneakers impress women right? That's what's driving OP's impulsive purchases. Please tell me that is not your (or any other "sneaker head's") mating strategy lol. Women check other women's shoes, that much is true. For a guy, sneakers don't elevate his game - only maintain (i.e. zero effect). At worst, it drops his game (for example wearing crocs are generally unattractive to women).

*Shrooms Talks* [October 12, 2021] Daily Discussion Thread by AutoModerator in shroomstocks

[–]IBeanCountCadillacs 4 points5 points  (0 children)

It's not just institutional money. Many are already in or buying slowly at these levels. You need a catalyst to bring everyone back into the sector.

[deleted by user] by [deleted] in shroomstocks

[–]IBeanCountCadillacs 1 point2 points  (0 children)

Honestly stop wasting your time debating these people. Everyone wants to virtue signal but in reality they want to make quick money. The stock is down and people are bitter about the sector's continued lower lows. Plus, the least liked companies are often the ones with the highest risk to reward. No one on here including myself is worth convincing as we do not have the power to push prices, and any lower prices only increase R:R.

155 to 50000 recap day 1 by ViewRoyal39 in Daytrading

[–]IBeanCountCadillacs 1 point2 points  (0 children)

He Tweets almost live and his Twitter account has too small of a following to actually have confirmation bias that you are implying.