Oct 9, 2023

MedicalGold Co-Founder Robert Sinn (of Goldfinger Capital) Discusses Cybin and MindMed

Welcome aboard! Your submission has been received and you are now a member of the MedicalGold.ca community.
Oops! Something went wrong while submitting the form. Please check the format of your entry.
Subscribe to Excellence

The final quarter of 2023 stands to be a critically important one for the medical psychedelics sector; companies such as Cybin (NYSE:CYBN) and MindMed (Nasdaq:MNMD) are poised to publish topline phase 2 trial results from their respective clinical trials for the treatment of depression and anxiety. Last month, hedge fund billionaire Steve Cohen's flagship Point72 Fund took an 8.1% stake in CYBN. Since the date that Point72 acquired its CYBN shares, CYBN's share price has doubled:

At Medical Gold, we believe that 2024 is set to be a turning point year for the medical psychedelics sectors. You can count on us to highlight the most attractive opportunities in this nascent biotech sub-sector. CYBN and MNMD are both on Medical Gold's Focus List and you can count on us to cover both of these companies closely over the coming months.

Stay tuned for our "Best Tax Loss Season Ideas List" due to be published in the next couple months.


The work included in this article is based on current events, technical charts, company news releases, and the author’s opinions. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. This publication contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. This publication is provided for informational and entertainment purposes only and is not a recommendation to buy or sell any security. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource and biotechnology companies can easily lose 100% of their value so read company profiles on www.SEDARplus.ca for important risk disclosures. It’s your money and your responsibility.