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Bullboard - Stock Discussion Forum Sernova Corp T.SVA

Alternate Symbol(s):  SEOVF

Sernova Corp. is a Canada-based clinical-stage biotechnology company, which is developing therapeutic cell technologies for chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include hemophilia A. The Company is focused on developing a functional cure for insulin-dependent diabetes with its therapeutic cell technology lead asset, the Cell Pouch... see more

TSX:SVA - Post Discussion

Sernova Corp > Profit Taking
View:
Post by JD2016 on Jan 19, 2021 3:23pm

Profit Taking

Solid company and technology. However it's pretty normal to see profits taken off the table after such a run up. This happens all the time and moreso with uncertainty in the markets in days to come. GL all
Comment by opsd1 on Jan 19, 2021 3:40pm
Profit taking looks to be overdone now. Time to buy again.
Comment by rixpix on Jan 19, 2021 4:19pm
opsd, I don't think it was overdone. Having gone parabolic the last few days, it was bound to happen, and I don't think it reached bottom yet. I think we'll touch $1.50 tomorrow and stabilize between $1.50 & $2.  For me, a one dollar daily swing is very hard to swallow, but I firmly believe that the SP has a lot more rise left in it after this mini accumulation. Glta of us ...more  
Comment by whisky11 on Jan 19, 2021 7:56pm
rixpix]opsd, I don't think it was overdone. Having gone parabolic the last few days, it was bound to happen, and I don't think it reached bottom yet. I think we'll touch $1.50 tomorrow and stabilize between $1.50 & $2.  For me, a one dollar daily swing is very hard to swallow, but I firmly believe that the SP has a lot more rise left in it after this mini accumulation. Glta of ...more  
Comment by Sonny7 on Jan 19, 2021 8:08pm
You should change your name to cheap, rot-gut whisky. My apologies to cheap rot-gut whisky
Comment by Nighttrade on Jan 19, 2021 8:11pm
Needing shares alcoholic? 7 people doing well sound like an amazing start. There will be ups and downs as no treatment is for everyone. Doesn't mean Sernova isn't about to change the industry. Phase 3 funding/partnership is on its way.
Comment by jammingthepipeline on Jan 19, 2021 8:25pm
It's always funny to watch, when a company does well on the Canadian Vulture exchanges, how many cockroaches arrive.  But I like the sound when you cruch them. O yeh.
Comment by bull1986 on Jan 19, 2021 9:06pm
Incorrect. The trial is under FDA orphan drug status. Only 30 patients needed for phase 3 approval. 
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