InMed Pharmaceuticals Inc (INM)

[crookedneck]

I agree, if folks want to bail, so be it, but I will continue to watch the trading action to add more at cheap levels. Why you ask? The chart shows a solid triple bottom at this share price and those flipping out, most likely are getting out even, thinking they don't want to take the chance of it falling further. I believe the pps should stabilize here, around the 200dma. If not I see the $.21 support as my target to add more, depending on the trading action.

Of course the whole MJ sector is out of favor for the moment and that sure isn't helping things. Many MJ stocks are getting beaten down, but as everyone should know, it's just a matter of time before this heats back up & when it does WATCH OUT!

I do agree that the paid promotions always come back to haunt you. Though I wish they had not went that route, it did create some much needed awareness. I think it would be prudent for management to step forward and provide something to reassure its shareholders. I guess we shall see soon enough. Cheers!