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Bullboard - Stock Discussion Forum 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... see more

CSE:SONA - Post Discussion

Sona Nanotech Inc > Why are you selling!!! **Amateurs**
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Post by Pepperoni222222 on Jul 07, 2020 3:47pm

Why are you selling!!! **Amateurs**

Pepperoni222222 here, 

"The Company will provide an update on sales progress and manufacturing delivery timetables in the coming weeks."*** SHARE PRICE $25****

The Company has been informed that the results of the field studies should be provided by the end of July, at which time it intends to make final submissions to regulatory authorities in multiple jurisdictions. During this time, technology transfer will continue and quality assurance manufacturing batches are expected to be run with manufacturing partners.
***SHARE PRICE $50***
Comment by wateroperator on Jul 07, 2020 3:58pm
 
Comment by Moemoney42 on Jul 07, 2020 4:11pm
Because the smart money is pocketing some of the gains.. quite simple actually..
Comment by Pepperoni222222 on Jul 07, 2020 4:19pm
Great, Then will see your shares up for sale tomorrow. Wouldn’t mind buying the dip:)  
Comment by Jonathan96 on Jul 07, 2020 4:42pm
This is when people start to panic sell and before they know it the price pops back up as if nothing happened. It's exactly what separates the experienced vs the inexperiences traders. By all means, if you can average down during these times succesfully, then that's great. I just find it's easier to ignore the price action and wait for the inevitable NR that will surge us forward.  ...more  
Comment by wateroperator on Jul 07, 2020 4:49pm
Exactly, if you are selling now you don't know what you are invested in Having said that there are a millions reasons why people sell, for every buyer there has to be a seller.
Comment by PictouBoy on Jul 07, 2020 4:57pm
I shaved off lots yesterday and lots today.  Feel great!!!
Comment by Moemoney42 on Jul 07, 2020 5:04pm
The experienced sold yesterday's rally and will be buying back in at lower levels... while the inexperienced ride it up and back down without profit in their jeans.. the people that are panicing are the ones who were drinking the coolaid over the weekend and into Monday that the share price could only go higher.. I''m sure those who bought in above $8.25 all the way to $9.40 and didn ...more  
Comment by Jonathan96 on Jul 07, 2020 5:12pm
Like I said, if you managed to average down succesfully then that's great. But forget any price over $9, that was very brief. We are sitting at $7.47 and you're acting as if SONA has crashed back to $3! I'm still not sure what you're even doing on this board....
Comment by Moemoney42 on Jul 07, 2020 9:46pm
Comment by buy2009 on Jul 07, 2020 10:08pm
It is fun when it works. I had some success until the last time we were in the 3s. Sold at 3.05 and put buy order in at 2.70 to buy back. Had to pay 3.40 to get em back.  Good luck. 
Comment by Moemoney42 on Jul 07, 2020 10:17pm
Its much tougher when the range is as narrow as that buy2009... but this last run was an easy call.. like taking candy from a baby.. when this band narrows it will be a new game.. ;-)  Moe $$
Comment by charlottesweb on Jul 07, 2020 5:14pm
If you got in late to the party you shoulda known consolidation would happen. If your a early player means zero. If you are happy with your entry and a true long big deal.  All different Moe.  I tried to get greedy on nio and my 5k USA investment at 3/share went to 13 in a month. Tried to split hairs would be up over 20k  pick your poison GL
Comment by wateroperator on Jul 07, 2020 5:15pm
Or conservative vs risky traders, if the FDA approval is announced you will be out a lot off $$$$$$$$$$$$
Comment by Findingmoney on Jul 07, 2020 6:20pm
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 ...more  
Comment by Moemoney42 on Jul 07, 2020 9:41pm
Comment by charlottesweb on Jul 07, 2020 6:21pm
We dropped 33 percent or so on the last consolidation before this leg up i wish they only went up
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