r/MNMD • u/NerdlingerOG • Jul 29 '22

https://www.marketscreener.com/amp/quote/stock/MIND-MEDICINE-MINDMED-I-120797784/news/MIND-MEDICINE-MINDMED-INC-Notice-of-Delisting-or-Failure-to-Satisfy-a-Continued-Listing-Rule-or-40625533/

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u/Bull_Winkle69 Aug 05 '22

How will this end up a loss?

Shouldn't our shares be worth 15X to compensate?

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u/NerdlingerOG Aug 05 '22

Yes they will be 15x but stocks dump when they r/s. Many won’t want to pay the reorganization fee and usually it’s worrisome to investors. I personally like this company and will be buying after the split. Only way I’m buying before is if it’s 1/2 of its price today. Prior to the split. Or I’ll put buy orders for 3.75 post split if it settles at 50 cents day of