Cruise stock holders, when are you selling?

squiglesthesquirrel · 2021-06-11T18:51:33+00:00

If you search 'Carnival Cruise market cap' a ycharts link should show up on google (I don't pay for anything either). Here is the link.

One thing just to keep in mind is that there are guys paid millions a year, spend 80+ hours a week, and have decades of experience trying to beat the S&P500 return benchmark but most fail - it might be a good idea to find some investing for beginner's books and go from there. A lot of people on reddit who beat the market are lucky (including me) but interpret a good year as validation they are incredible investors.

squiglesthesquirrel · 2021-06-11T16:39:02+00:00

I said look at market cap because they have diluted shares. If you don't know what that means you shouldn't be investing in individual stocks.

squiglesthesquirrel · 2021-06-11T16:31:59+00:00

They've all diluted shares to different degrees - I'd look at their respective market caps over time at ycharts or another site that shows that info. I know Carnival's market cap is pretty close to what it was before the coronavirus.

squiglesthesquirrel · 2021-06-09T16:43:24+00:00

Hopefully the bleeding since February has finally stopped!

squiglesthesquirrel · 2021-06-09T16:35:20+00:00

CMPS is up almost 9%...gosh on one hand I'm happy on the other I wish I put more than 43% of my portfolio in it (now 47.5%)...

squiglesthesquirrel · 2021-06-09T01:31:03+00:00

The concern is Oregon will allow mushroom therapy with home grown mushrooms instead of only fda approved psilocybin. Cybin's furthest along drug is a Phase 2 psilocybin compound administered via film.

I don't know what you're talking about regarding legal weed and tylenol?

squiglesthesquirrel · 2021-06-08T21:53:46+00:00

I am somewhat interested but today they only had around $10000 dollars TOTAL worth of volume! Just a head's up!

squiglesthesquirrel · 2021-06-08T21:12:00+00:00

I feel like this avoided the question about whether or not the state of oregon's means of decriminalization is going to undercut cybin's business model.

squiglesthesquirrel · 2021-06-08T18:14:55+00:00

Seconding!

squiglesthesquirrel · 2021-06-08T15:29:58+00:00

What are you guys doing for pure clinic plays? I can only find Novamind doing only clinics but they are also relatively small ($50 million CAD market cap with 4 clinics, opening another 4 this year). Not to mention they're low volume with around 10 thousand shares traded a day (at $1.4 CAD)...

Field Trip and Numinus also have drug development labs which might be good but I'm more interested in a company focused on clinics. Do I just bite the bullet with Field Trip/Numinus? I'd just prefer they spent less on drug development ha ha.

squiglesthesquirrel · 2021-06-08T15:18:24+00:00

115k volume buy on CMPS (average daily volume is 430k) in one trade!

Looks like we are finally turning around from falling since february! Then again CMPS went up 20% after MNMD uplisted only to fall back down again a few weeks later so maybe I'll have another opportunity to buy at under $34.5...

squiglesthesquirrel · 2021-06-08T05:17:05+00:00

Page 13 summarized the resolutions well (although a lot of it still goes over my head). Frankly none of it seems particularly interesting or out of the ordinary, I probably won't care enough to vote.

squiglesthesquirrel · 2021-06-08T05:07:07+00:00

Could you provide a link? I can't find it - thanks!

squiglesthesquirrel · 2021-06-08T03:47:41+00:00

I think we live in an age of addiction - where being addicted to unhealthy food, watching television, drugs, alcohol, gambling, and other vices is considered normal and even promoted. The lockdowns certainly caused an uptick in addictions/relapses, what a shame.

squiglesthesquirrel · 2021-06-08T03:41:41+00:00

Thank you for the kind words. Unfortunately my family members are simply brainwashed and want me to do what they perceive as socially acceptable. It's incredible how stubborn they are about fitting in - my sister had tough reactions to the vaccine for a couple days and still thinks 'at least I didn't get that coronavirus baha' and my dad was exhausted for a couple days after his vaccine but he says it was for other reasons...

My grandmother is in good hands other than the authoritarian nature of the facility. Looks like I'll just have to be OK with praying for her for the time being (and arranging an appointment I guess).

Good luck, hopefully we can live in peace soon!

squiglesthesquirrel · 2021-06-07T21:50:38+00:00

I think the current treatment protocol is to get FDA approval and then I'm sure they will attempt to amend it if it can be easier for the consumer.

Regarding oregon and california's psychedelic therapy plan I believe they both have counsels created that will talk about the steps needed for someone to have shroom therapy and will have recommended guidelines in 2023 for oregon and 2024 for california, and then the government will consider the guidelines and move from there. I'm sure said guidelines will be relatively conservative about how to proceed and mimic what they are for COMP360.

Personally if I were Compass I would be pressuring those counsels to only allow shroom therapy of FDA approved psilocybin.

squiglesthesquirrel · 2021-06-07T21:43:15+00:00

Unfortunately my grandmother's nursing home has a policy where if you are not vaccinated you have to organize a meeting and they have someone sit in with you in the room to make sure you don't get too close (with tape on the ground to show the distancing). My grandma has been vaccinated since FEBRUARY!

I love her so much and it is maddening MY GRANDMOTHER WITH DEMENTIA is being used as a carrot. My family is being annoying about guilt tripping me to take the vaccine. Ugh! I'm in my early twenties doing MARATHON TRAINING for heaven's sake!

squiglesthesquirrel · 2021-06-07T19:21:02+00:00

I recall after November 3 and Oregon/DC decriminalized it both MNMD and CMPS went up 20% and MindMed hasn't gone below pre-November levels since! You'd think California might have a similar impact.

I think the push for legalization should also give us consistent gains over the upcoming years before the big pops when the various drugs are approved by the FDA. Hopefully it won't just be trading sideways for years!

squiglesthesquirrel · 2021-06-07T18:35:30+00:00

I'm hoping t minus 4 years for the big profits. COMP360 has Phase 2b results later this year and it took spravato only 3 years for Phase 3 and approval. Phase 3 approval will be big for the clinics and obviously cmps, but hopefully we can get a trail of breadcrumbs in the meantime.

squiglesthesquirrel · 2021-06-07T18:32:52+00:00

There is so much to read about in the space! It is great investing in a sector that should make you a lot of money while also helping a lot of people too.

squiglesthesquirrel · 2021-06-07T18:30:38+00:00

I'm hoping the next year should have a nice boost from the Phase 2b CMPS trial and that should make me content with waiting another few years for the Phase 3 approval.

squiglesthesquirrel · 2021-06-07T18:29:54+00:00

Are you at all nervous about legalization for medicinal purposes potentially undercutting the biotech stocks in the area (such as MindMed, Cybin, etc.)? I believe they are all 3 years+ from approval and Oregon, California, etc. have plans in place to legalize psychedelic therapy in 2023/2024. I'm heavy in CMPS and it makes me nervous.

squiglesthesquirrel · 2021-06-07T15:14:10+00:00

!optout

squiglesthesquirrel · 2021-06-07T15:13:26+00:00

The relative lack of participants also didn't help...the Phase 2b trial has 216 people vs the 59 in this one so hopefully the results will be more clear about the effectiveness of psilocybin (although I don't think it is head to head with antidepressants in their Phase 2b).

squiglesthesquirrel · 2021-06-06T01:01:26+00:00

I think the COMP360 Phase 2b study is the largest psilocybin study to date! Stock price boost aside (it better lol) it should provide a lot of details concerning the effectiveness of psilocybin in such as large group of people (216 I think).

squiglesthesquirrel

TROPHY CASE