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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 > Disturbing Trend
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Post by derwood66 on Sep 21, 2020 2:15pm

Disturbing Trend

How come after anyone in a position of power speaks, Sona tumbles.  I read so much on this board that after so and so speaks we're going to $8.00, no way, we're going to $10.00, hell no, we're going to a minimum of $13.00.  Well Premier Ford just spoke and let the freefall begin.  Wait until the throne speach on Wednesday, when JT doesn't mention Sona, and really why would he, we'll be $6.20.  Pumpers say we'll be at $8.00, but they're only doing what they're paid to do.  I have Tom Petty's greatest hits cued up for Wednesday, I'm sure I'll be playing "Free Falling" after JT speaks.  I hope I'm wrong, but history says I won't be.
Comment by Waco4505 on Sep 21, 2020 2:35pm
Someone is upset.  Chill out 
Comment by buy2009 on Sep 21, 2020 3:48pm
History!???? Dont like waiting sell.  Simple  
Comment by FPInvestor on Sep 21, 2020 4:23pm
So are you selling ? If I was as sure as you sound I would sell . I should perhaps follow your move since you sound so confident So are you selling tomorrow or you already did ?
Comment by derwood66 on Sep 21, 2020 5:07pm
The amount of money I've lost, I can't afford to sell.  I'm down over $35,000.00 and counting. Now it's just laughable.  I'll stay all in and pray to all that's holy that someone approves this test, don't think it will happen, but I'll wait and see.  Even after approval, they still don't have any sales.  Why do other compainies not jump 500 ...more  
Comment by creesil on Sep 21, 2020 5:12pm
You haven't lost until you sell. It will get approved but you need to be patient. The sales are there but are contingent on the FDA clearance. Do your own research on stocks before you buy them. There can be good information on these forums but there are lots of biased opinions too.
Comment by derwood66 on Sep 21, 2020 5:17pm
Thank you, I appreciate your insight.  That was my biggest mistake, I allowed an over zealous banker talk me into dropping $100,000.00 on Sona.  After investing the money and watching it drop so dramatically, I was stuck.  Nobody's fault but my own.  Just venting.  Tired of reading all this positive fluff when all this stock has done is drop.  
Comment by EatGreenGoGreen on Sep 21, 2020 5:38pm
Hang in there Green Days ahead! This is $eptember...
Comment by Pchrispy on Sep 21, 2020 5:21pm
Hang in there buddy!  Remember, the story and technology hasn't changed.  It's just that waiting is hard, and when you're underwater, it's super tough!  So, one thing that might help is to set a date for when you'll re-visit whether you can continue to hold.  You certainly don't want to re-visit that decision every day.  That's unhealthy ...more  
Comment by derwood66 on Sep 21, 2020 5:28pm
Thank-you, sage advice that I will take starting now.  I check back in a week or two and hope things are better.  I appreciate you taking the time to offer a suggestion.
Comment by Moemoney42 on Sep 21, 2020 8:34pm
Sorry to hear about you're losses derwood but I'd like to recommend you not "check back in a week or two".. this could be a very fluid stock if and when FDA approval hits, and as others will comment it will be off to the races with monumental share price increases, I've become more and more sceptical to that outcome.. even though I do own shares.. I'm looking to unload ...more  
Comment by noshit on Sep 21, 2020 9:50pm
This post has been removed in accordance with Community Policy
Comment by Findingmoney on Sep 21, 2020 5:07pm
JT does not control the share price of SONA, and nobody of note said he would speak about SONA and to start that hype is counterproductive. It is unclear what he will say on the subject since until this point the powers that be have resisted combating the problem, rather contracts and pay outs to companies and labs running up bills that do not solve the crisis but do finance the drug companies of ...more  
Comment by derwood66 on Sep 21, 2020 5:13pm
I have not read that on this Board.  But several contributing members from this Board are posting this on CEO.  Just as they thought Ford would mention Sona today.   Sona was down about 1.5% prior to speaking and then fell like a stone after he spoke.  I do think Sona is a good product, provided what is being said about it is true and not just hype.  However, nothing, ...more  
Comment by Findingmoney on Sep 21, 2020 5:40pm
It got there on validation, and was oversold and fell waiting on the FDA as well as many other agencies, but companies like Bond are already touting SONA and SaudiVax is on board, and with all that and more. It is trading very little less than 1 million shares a day, falling little by little only to bounce. I have been in Sona before a dollar and added when it dipped back to $1.18, and added more ...more  
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