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Re: Sonata post# 4518

Saturday, 03/27/2021 10:36:27 PM

Saturday, March 27, 2021 10:36:27 PM

Post# of 9407
Anybody who takes profits before the following three events occurs is crazy (in my opinion):
(1) Atai IPO; (2) Nasdaq uplist; and (3) FDA IND decision on Project Lucy (currently targeted for Q3 2021). The first of these will send the whole sector roaring up, especially with media coverage and Peter Thiel’s ownership, like the Compass IPO did last fall. Atai was recently valued, via a private valuation on account of its most recent capital raise, at $2B+...at what market cap do you think the market will value Atai at post-IPO (I predict $3-$5B- and it doesn’t take a genius to figure out what that would do to the MMEDF share price, as Atari’s closest comparable with a current market cap of $800M). Hold, or buy more, unless you’re a trader. GLTA.
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