Sona Nanotech Inc C.SONA

QDEL to be replaced !

[hotstocks1]

QDEL has dropped 21% since its ATH on August 6th. Investors are seeing dark clouds ahead for this former darling (all due to more stringent testing measures) and are now plowing their cash into SONA since the shorter scare last week !
We will soon flip our share price with QDEL !
The next time we hit $16.05 will be the last time ! North straight up from there !

[JimmyD]

That would be amazing! What timing, huh?! :)

[hemi3tc]

Many of the Covid test stocks are down.   Flgt is hitting new highs it's a next gen gene machine.    But the real news is UColumbia/ Sorento  30 minute saliva test.   It's bring them down. The testing stocks have done well it's only natural to take money off the table.   21%   is par normal for a biotech stock on Nasdaq. On Nasdaq

[dart321]

QDEL got hammered today because of the faults positive, the saliva test from Columbia U has a catch 22 problem. The sample taken needs to be kept at 63 degrees for 30 mins, to high of a temp during that period and it kills the virus to low and the virus count doesn't reach the required number to be detected. My guess the FDA will likely allow it in controlled conditions like hospitals.

[hemi3tc]

Covid virus comes from bats.  Which can survive temp higher than a human body.   All that 63 Dec is cooler than a warm shower easy to do as has been done in Africa for zika and Ebola viruses. If what u say is true that 63 degrees will kill the virus then why is it not being killed in a human body with a normal temp of 96 degrees.   When u get a fever it's the bodies

[NorthBayStreet]

Keep in mind Quidel's test has not been officially approved by the FDA. It is available because the FDA has granted emergency use authorization. And that means the usual rigorous testing and vetting has not happened, and accuracy results have not been widely published

[investorMM]

Honestly, quidels test is absolute rubbish....I can't even be nicer, you can't have such a low accuracy rate...it still baffles me that Sona has had to go through Hula hoops to get this done.....this is the single greatest thing we have to fight covid right now, until we get a vaccine.  If all goes well, it should literally be the GOLDEN standard and every company should just

[datawork]

This might explain the sudden drop in Quidel's sp. https://www.marketbeat.com/articles/ohio-governors-covid-19-results-show-tests-imperfections-2020-08-07/?1 The door opens ever wider for Sona.

[datawork]

I could see quidel's eua getting pulled or suspended as a result of this.

[TheeRook]

Training  Quidel Expands Training Program Separately, as part of its Nursing Home Program, and in collaboration with the U.S. Department of Health and Human Services (HHS), Quidel has expanded its Point-of-Care training protocol to help ensure that nursing home health care workers are appropriately trained in the use of the Sofia® 2 instrument and the Sofia® SARS Antigen FIA

[TheeRook]

 If U lopok at all the Covid testing stocks,  many  dropped during the last few days except some of the Best ones that still see more growth in their Guidance.   Many testing stocks reported earnings and missed   Revenues and guided  the next Q tjhe same or lower.   Most people have been tested? Probably not.   Maybe the Next Gen testing

[Moemoney42]

[Sandblaster1980]

You are probably right about the dark clouds due to more stringent testing measures but I also think it's because of (you guessed it) the SEEKING ALPHA article that was written not too long ago. I got to admit that those people really now how to drop a stock. A$$holes.

[Sandblaster1980]

Article was written 4 days ago.