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Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

Sona Nanotech Inc. is a nanotechnology life sciences company that has developed multiple methods for the manufacturing of various types of gold nanoparticles. The Company is engaged in the research and development of its technology for use in multiplex diagnostic testing platforms and biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery system for multiple medical treatments, for the approval of various regulatory boards, including Health Canada and the Food and Drug administration (FDA). Its gold nanorod particles are manufactured without the use of CTAB (cetyltrimethylammonium), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company leverages its core proprietary gold nanorod (GNR) manufacturing technology and laboratory assets to focus on the development of diagnostic tests and biologic reagents, and the advancement of its GNR intellectual property.


CSE:SONA - Post by User

Comment by Findingmoneyon Jul 07, 2020 6:20pm
173 Views
Post# 31236440

RE:RE:RE:RE:RE:RE:RE:Why are you selling!!! **Amateurs**

RE:RE:RE:RE:RE:RE:RE:Why are you selling!!! **Amateurs**With 926.7K shares traded and 1934 trades may suggest that few have left their position. It may also suggest no new players of note coming on board. Little trades from smaller players taking profits and making way for new players. I still do not think a gun and run is likely with share float as it is. Maybe they are trying halfheartedly, but with the threat of a NR of any kind that may send it to the next level rendering them caught they may be leery. Also, some have the courage to jump out and sit waiting while others may have just sold a portion of their position and are hoping to buy from the shorter when the time is right and the dip is achieved. Longs have only to look back two weeks and the amount SONA was trading for compared to where the stock is now, relax and realize everything is going as planned and the company is getting the results that were hoped for, so I can see no reason that they will not solicit for orders in the same efficient fashion. IMO

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