North American Psilocybin ETF (PSYK)

[tcm55]

Biggest Psychedelic Medical News EVER, IMHFO...


https://www.otcmarkets.com/stock/AGNPF/news/Algernon-Pharmaceuticals-Receives-Approval-for-Groundbreaking-Phase-1-DMT-Human-Stroke-Study?id=372049

[tcm55]

This seems to be the possibly Best developement in the entire psychedelic sector, IMO. A Golden Ticket?
...GLTA...


"The Company has now completed its intravenous formulation (“IVF”) that will be used in the Phase 1 DMT study. The formulation was developed by the Centre for Human Drug Research (“CHDR”) and its affiliated pharmacy at the Leiden University Medical Center in the Netherlands. The Company has applied for ethics and clinical trial approval and is expecting to have a response shortly."

https://www.globenewswire.com/news-release/2022/09/08/2512310/0/en/Algernon-Pharmaceuticals-Secures-Lead-Sponsorship-of-2022-Wonderland-Psychedelic-Conference-in-Miami.html

[ListenToMe]

If you're thinking about buying PSYK.... you may want to do it sooner rather than later.

[tcm55]

Dr Strassman and Dr Nutt talk Stroke...GLTA...

[ListenToMe]

PSYCF = LIFE-CHANGER $$$$ PSYCF is the Best stock in this fund by far!!!!


PSYCF .17 = Major Winner!!!!



.

[ListenToMe]

Our Mushroom Theme Song! ...
LISTEN & WATCH CLOSELY...and you'll understand. https://www.songfacts.com/lyrics/howard-jones/new-song

READ THE WORDS!!!!

[Mr Quixote]

Quick Question, I was wondering if anyone could tell me whether or not this ETF has dividends?

[ListenToMe]

I second that! PSYCF will be the Leader in this mushroom sector!

Boom!!!

[MarketShark]

PSYCF CEO buys $130,000 on open market! Dont miss the shroom boom.

[ListenToMe]

PSYCF WILL LEAD THIS FUND IN OVERALL GAINS!
PSYCF. 20 NOW.

[ListenToMe]

PSYK $8.00

[ListenToMe]

Come on people, time to wake up to what's coming!
This is going to get Crazy here!!

[price_and_volume]

Cool thanks.

Of all the companies in this ETF ... there's ONLY 1 that has MUSCIMOL instead of psilocybin. PSYCF = PSYCHED WELLNESS

[ListenToMe]

LISTEN & WATCH CLOSELY...and you'll understand. https://www.songfacts.com/lyrics/howard-jones/new-song

READ THE WORDS!!!!


.

[ListenToMe]

PSYCF = PSYCHED WELLNESS
= the psychedelic "Pick of the Century"

[ListenToMe]

Of all the companies in this ETF ... there's ONLY 1 that has MUSCIMOL instead of psilocybin.

PSYCF = PSYCHED WELLNESS




,

[ListenToMe]

This Psychedelic sector will be bigger BIGGER than Cannabis!!!

BELIEVE IT!!!



.

[ListenToMe]

Why no activity here?

[tcm55]

AGN is launching a DMT Trial. No other stock is in this space, maybe it should be included here, IMO...GLTA...

[Weedman1]

Currently $9.15. Down .29 on the day

[vortmaximum]

Interesting now NO performance fee?: Update (Jan 22nd, 2021): Horizons has confirmed that there is no 15% performance fee, contrary to that present in the ETF Facts sheet filed via Sedar. The annual management fee is set at 0.85%.

In a press release, Horizons confirmed: “PSYK will close the initial offering of units to its designated broker at the close of business on January 26, 2021, prior to its initial listing of units on NEO on January 27, 2021.”

https://psilocybinalpha.com/news/north-american-psychedelics-index-published-which-companies-will-be-in-the-first-psychedelic-etf

[LORTAP KCOTS]

Is today the day?

[VetteZ06]

Once the ETF starts trading will we see a bounce up in holding stock prices or will there a delay by about a few days?
Not familiar with how ETFs work.

[Reyeton]

Pros of investing in individual stocks.

“Potential to beat the market.

Investing in an index fund simply helps you keep pace with the market.

Investing in a successful company that creates new products that transform the way we live, such as Apple and the iPhone, or Facebook with its social network, or Amazon with its online shopping dominance, can make you wildly rich."
(USA Today Mar 23,2020)

“But investing in a successful company that creates new products that transform the way we live, can make you wildly rich."

That seems to be where these new companies are taking us. Just my opinion.

[vhgier]

thanks i can look it up

[vortmaximum]

Was in a filing, I don't recall. When/if it does something like PSY.U something like that.

[vhgier]

what is the symbol in the US for this? Is it PSYK? Thanks!!

[vortmaximum]

Read the finer print beyond the 0.85

[wlred]

.85% fee with no performance fee is a lot??

[LilBean]

Thanks for the suggestion. I noticed that last night. It was nice to see that I already own some of the companies included so I’ll stick to doing it on my own. Will be interesting to see what it opens at.

[vortmaximum]

Might be better off buying them individually. The fees on this ETF look exorbitant.

[LilBean]

That’s a list of great companies. Interesting!

[vortmaximum]

https://psilocybinalpha.com/news/north-american-psychedelics-index-published-which-companies-will-be-in-the-first-psychedelic-etf

[waltd]

do you mean the etf did debut ?

[LORTAP KCOTS]

Yeah, that happened...

[waltd]

ok but fidelity told me it was schrduled to trade today now says its not up yet.

[medicinecat]

Go to the Horizons website and there is no mention of this ETF. Nothing...not even a peep. Horizons has not publically acknowledged it even exists. All we have are regulatory filings. No PR from Horizons or Solactive. Go to the Solactive website and there is no mention of the Index the ETF is to follow.

[waltd]

is it launching today ?

[vortmaximum]

All the information is in the links provided. PSYK on canadian exchange.

Allegedly launches today

[LORTAP KCOTS]

What is the ticker going to be?

[vortmaximum]

https://www.sedar.com/GetFile.do?lang=EN&docClass=32&issuerNo=00051149&issuerType=02&projectNo=03155317&docId=5110097

[vortmaximum]

Horizons ETFS Info: https://www.horizonsetfs.com/home

[vortmaximum]

Coming soon: https://www.sedar.com/DisplayMFDocuments.do?lang=EN&issuerNo=00051149