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All the day traders and MM can do whatever they want with this stock until the beginning of summer. June- September inmed will be getting Inm-750 ready for ph1 clinacle trials and I think the news alone we get from more positive pre clinacle results this baby will start to climb. Who knows between then we might get news on partnerships and upscaling their biosynthesis technologies! I don't care what all the haters have to say, long term Inmed investors have a lot to look forward to later this year!
That's what I keep telling myself, let's see where we are at the end of the year. Inmed has a lot of goals they want to hit by then. I don't know about $5-$10 but I do know it will be above .70 lol.
I'm not sweating it to much, when it started dropping a few weeks ago after the JP Morgan Conference i sold enough shares to get my original investment back. So all my shares now is all profit! So I'm just going to sit on it for a few years and see what happens!
I agree, I've made it public I don't like how quiet it has been since the JP Morgan Conference in SF that just happened to coincide with their sell. We can hear a pin drop since that time and the stock has dropped about 65%. Every morning I wake up I hope to see something from them. Looks like we might be waiting until summer as ??hopefully?? They are entering Inm-750 into ph1 clinacle trials. I definitely hope we hear something before then and who knows where the SP will be.
Alright I'm getting sick of people saying the executives did a illegal insider sell! If they did they will be caught and their careers will be over. Probably go to jail too. I don't think they would risk all that for 5% of their total holdings? So did they sell because they knew information us investors didn't? I think they did report their sell? I think they did because it's made available to the public. Or is this all scare tactics from bashers to get weak hands to sell?
Les, thank you sir. I always trust your knowledge. I definitely expect there to be a lot of time without news in this field, goes with the territory. Nice to see a bounce back today and like you said before. Let's see where we are by end of the year! Thanks again!
Question for Les, does it worry you at all that the company hasn't said a word since the insider sell and it's coinciding with the stock free falling? The reason I ask is when I first bought this stock I will remember someone posted on this board where they asked me if I ever heard of Bogart and Schneider? That I shouldn't count on this company because they have a shady past. I ignored it, but recent events is really making me think maybe not much has changed. I pray to God I'm wrong but the longer Inmed stays silent it's hard not to be more and more concerned!
To be honest, this still concerns me that we haven't heard a word since they sold shares! Unless we hear some news, what's going to slow this down? It's down almost 60% in the last three weeks.
What's the recent article? Everything I look up is from weeks ago.
The big reason I still come and look on this board is to read Lesgetrich posts. I enjoy reading them. There is a lot of guys on Yahoo that are passionate about inmed and that's really cool.
Yes under conversation tab, press view posts. Yes it can get very chatty on that board. That's why I like it. There is a lot of informative posts. It can get quiet some times but not like this board.
That was good thanks, I shared it on Yahoo.
He's the one when imlff was trading around .45 to .55 a couple months ago came on this board and said "sorry guys, me and my team of investors just dumped millions of shares so this is going back to the .20's again!" It then shot up to the .60's and .70's shortly after! Lol!
Since the Canadian market is open tomorrow and the US market is closed. whatever the Canadian market does tomorrow, is that pretty much what the US market will be looking forward to on Tuesday? I'm just asking regarding Inmed of course.
I freaked out yesterday, I would like to hear something from the company though. You think they would come out and say something to calm their long term investors.
I call B.S!
Inmed and Eric Adams needs to come out with a PR ASAP. They need to calm all this panic. The longer they stay quiet the more this will catch like wild fire. Hopefully they do it tomorrow before the long weekend.
I could be wrong but I don't think they can sell whenever they want. I think this was pre scheduled for the beginning of the year no matter what the pps was. Can someone in the know answer that question? Was this sell pre scheduled or not?
I sold everything at 1.07! If it gets back around .50 again I'll buy back! I'm sorry, 4 big shots,all unloading at once stinks to high heaven.
Another one?
I got to be honest, this news of 3 big heads selling a ton of shares all at once made me nervous. It could be just a payday for them but nobody really knows. I tried to just shrug it off but it's hard too. I've done very well so far with Inmed. I sold enough shares yesterday to get my original investment back. So I still have 23k of just profit working for me. I so believe in this company and that's why I didn't close my position. Let's hope they break some news soon to bring buyer confidence back. GLTA.
Hey Star, I had problems with my app today too. I updated it and it worked great!
I feel like there is a huge over reaction today! People are acting like Inmed is going under. Les, I don't see you selling any of your shares because of this!
Why are so many people acting like the world is ending? I know this moment in time it doesn't look good but in a year or two, we will all have forgotten about this day!
What about Adams and Hussain unloading over a million shares yesterday too?
Makes me think though, why are they unloading like this while they're at the JP Morgan Conference in SF?
I guess you think about it, Inmed has no Revenue. These guys need to make money and live too.
You would think the company wouldn't like him unloading like this, especially now when Inmed is trying to uplist to the TSX, I'm guessing it's only a matter of time before he's off the board.
Question for Les! News broke today that BOD member Bill Garner sold 300k shares, is this something us long investors should worry about?
Only best of the best biotech and pharmaceutical companies were at the JP Morgan Conference in SF! Companies redefining the Healthcare industry. Do you think the big time money banks and investors are there to see average companies? Don't think so. I know what I own and in a few years it will be very rewarding!
The guys are partying a little to hard in San Francisco!
It was a really good interview, awesome things ahead for Inmed and its investors!
I agree 100%
I believe Inmed will be leading the way also! This science can't be ignored!
I am so exited about Inmeds future, it's like time can't go by fast enough! Lol.
Now that's a good 1st post, thanks for the share. That was a good listen! That JP Morgan Conference in SF next week will be huge! Should be a lot of money there seeing Inmeds presentation and potential!
Totally agree! As 2018 progresses it's going to become more and more real. As we head into July, Canada will be getting close to becoming legal. Inm-750 should be close to entering ph1 CT! Who knows by that point if any partnership is announced to further their Inm-085 and Inm-045. Guys! It's an exiting time to be a InMed shareholder!!
He is so being paid off by big pharma and alcohol & tobacco companies! Why else would he be the only person in this country so hell BENT on stopping the progression of this (unstoppable) industry? Every other country are leaps and bounds ahead of us in regards to Cannibis! Jeff Sessions is only slowing the US from even trying to close the gap! The little turd needs to get lost!!!
I just read where the federal government has $0.00 to even fund prosecution on the state level. They have to get approval! Business as usual! Jeff Sessions is being paid off! He needs to get lost!