Bullboard - Stock Discussion Forum Sirona Biochem Corp V.SBM

Alternate Symbol(s): SRBCF

Healthcare Biotechnology

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with proprietary platform developed at its laboratory facility in France. Through its wholly owned subsidiary TFChem S.A.R.L., the Company specializes in stabilizing carbohydrate molecules. The principal activities of the Company include development of cosmetic and pharmaceutical active ingredients. TFChem develops and... see more

Add To Watchlist

TSXV:SBM - Post Discussion

Sirona Biochem Corp > Ask sizes

View:

Post by MirrorWorldMan on Mar 10, 2021 3:52pm

Ask sizes

There were at least 9 x 500 asks on my filled bid at .45, followed by a bunch of 1000's & 2000's size that eventually completed my order. My knee jerk is that its been walked down after the news. Maybe there are some stop losses down there further, I dont have the expensive software to see them, but manipulation is at play. This is not organic selling. Be prepared, and have some spare powder to pull the trigger as it falls. JMHO

200

Comment

Comment by Pareto8020 on Mar 10, 2021 4:03pm

Yes considering SBM is being derisked as each day goes by and with each NR - the share price direction seems to point to the good old sell on news phenomenon. With more TFC1067 news/contracts and multiple news pending for their SGLT2 compound now is an opportune time to pick some up on the dips.

163

Comment