Hey Trader, I hope you're having a great week so far. Last week, I showed you how to use volume to identify breakout stocks. Well, today I want to show you a textbook example. This stock just broke out. It doubled in value over the span of a week. The stock is Mind Medicine Inc, ticker symbol MMEDF. It's a tiny micro-cap firm that's developing psychedelic treatments for depression, anxiety, and other mental health issues. It's cutting edge stuff. But what's even more interesting is who else owns a stake in it. If you're a fan of the TV show Shark Tank, you know Mr. Wonderful, aka Kevin O'Leary. He's a billionaire entrepreneur and investor. Well, O'Leary is also well-known for only investing in dividend stocks. Traditionally, he has steered clear of "growth" stocks, preferring to see a tangible return in the form of dividend payments. So when I read news that Mr. Wonderful himself was investing in this tiny psychedelic medicine outfit, it really caught my attention. Click here to watch a brand new video and get the full details of this breakout stock!
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Market Traders Daily |
Disclaimer: Futures, forex, stock, and options trading are not appropriate for all traders. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses. Global Profits System International |
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