RE:Pharma dealReally? Sernova has been close to signing with who? I've heard the same talk for several years.
Just looking at today's close at $0.40. Current bids of 1000 shares @ 0.39
and ask of 106,000 at 0.40. Until we see some volumes over 1 million per day over 0.40, I don't see a whole lot of excitement from the markets. Other than a few posters pumping things on SH, there is still no major brokerage firms doing any research on the company. If in fact there was some major interest from a pharmaceutical giant then this stock would be trading a lot higher.
For the time being, it's all insiders, family & friends doing the promoting. SVA needs some breakout news before we see this make a major move. $0.50 is not in the cards this year.
Way too much selling. GL
bull1986 wrote: We know the company has been close to signing a deal with a few different firms. If one of these deals gets signed, I see Sernova easily reaching a $1+ share price. We could also see buyout offers materialize if/when a deal is signed. We know there is interest from deep pockets.