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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, the Cell Pouch System, a novel implantable and scalable medical device with immune protected therapeutic cells. The Cell Pouch is a scalable, implantable medical device. The Cell Pouch is designed to create a vascularized organ-like environment for the transplantation and engraftment of therapeutic cells. Its regenerative medicine therapeutic approach is to provide cell therapies where the cells, transplanted within an organ-like vascularized implantable device, the Cell Pouch, generates proteins, hormones or factors released into the bloodstream for treatment of diseases requiring replacement of these molecules in the body.


TSX:SVA - Post by User

Bullboard Posts
Post by jwalliscaon Jun 07, 2019 5:49pm
77 Views
Post# 29807652

Ideas please on Sernova trading??

Ideas please on Sernova trading??
My take is that Sernova will issue news soon after Canada Day, 1 July 2019. That implies Tuesday 2 July (unlikely too close to 1 July holiday), or 9 July, the following Tuesday (Sernova tries to release on Tuesdays.); see also below regarding timing. 
 
The Sentinel pouch will have been just removed for detailed analysis after 90 days in Numero Uno. The pouch was installed on, or about 5 April. July 4 would be 90 days so the more likely time for news is the following week (e.g. Tuesday 9 July). 
 
Some readers might recall that I made considerable noise (and I was taken to task for same) about the strange trading in the mid-teens and now in the low twenties. Further, it seems to have hit a wall at about 25 cents, the issue price for the PP July 2019 to which a warrant was attached. My gut feeling now is that some are selling shares to recoup part of their capital and they then plan to sit on the warrant (expires 2020) for a free ride. That said, the volume has dropped off considerably after the 710k share trading 4 June and the failed assault on 25 cents 30 May. In the mid-teens, I was thinking "shaking the tree". 
 
Likely, we will never know the real cause, but if anyone else would like to venture other possibilities, I would be grateful. 
 
Recent trading action is given below. I note the closing trade of 2,500 shares at 21.5 took out the remaining shares on offer at that price. The closing Bid - Ask is 35k offered at 21 and 5k asked at 23.5 implying considerable thinness. 
 
Please note that "083", Mackie, does act for Sernova to buy shares. 
 
Top weekend everyone! Cheers 
 jwall 
 
Trading action 7 June 2019 (link valid until start of next trading day when info is updated with newer trades):
 
V:SVA - Sernova Corp. - https://www.sernova.com/ 16:53:34 EDT
Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
SVA - V  35.0 0.21 · 0.235 5.0 0.215 -0.005 -2.3 64.8 14 16 0.22 0.22 0.215 0.28 0.145 15:51:26 May 21 15 min RT 2¢
TSX-V - V 35.0 0.21 · 0.235 5.0 0.215 -0.005 -2.3 64.5 14 15 0.22 0.22 0.215 0.28 0.145 15:51:26   15 min
TriAct - M   0.22     0.3 0 1     May 30 12:40:59   15 min
Trade times are ET. News times are ET. Bid/ask/vol sizes in thousands.

Time ET Ex Price Change Volume Buyer Seller Markers
15:51:26 V 0.215 -0.005 2,500 7 TD Sec 53 Morgan Stanley K
14:15:02 V 0.215 -0.005 13,500 83 Mackie 53 Morgan Stanley K
14:01:48 V 0.215 -0.005 4,000 83 Mackie 80 National Bank K
13:57:00 V 0.215 -0.005 1,500 83 Mackie 80 National Bank K
13:32:44 V 0.215 -0.005 6,000 83 Mackie 7 TD Sec K
12:30:32 V 0.22   5,000 2 RBC 1 Anonymous K
12:30:32 V 0.22   1,000 2 RBC 53 Morgan Stanley K
11:44:09 V 0.22   1,000 1 Anonymous 53 Morgan Stanley K
11:43:58 V 0.22   500 1 Anonymous 53 Morgan Stanley K
11:41:22 V 0.22   3,000 9 BMO Nesbitt 124 Questrade K
 
Last 50 trades TSXV (link valid until start of next trading day when info gets updated with newer trades):
 
Date/Time   Price Shares Exch/Mkt Buyer Seller
06/07/2019 3:51 PM EDT   0.215 2500 TSXV 007 53
06/07/2019 2:15 PM EDT   0.215 13500 TSXV 83 53
06/07/2019 2:01 PM EDT   0.215 4000 TSXV 83 80
06/07/2019 1:57 PM EDT   0.215 1500 TSXV 83 80
06/07/2019 1:32 PM EDT   0.215 6000 TSXV 83 007
06/07/2019 12:30 PM EDT   0.22 5000 TSXV 002 001
06/07/2019 12:30 PM EDT   0.22 1000 TSXV 002 53
06/07/2019 11:44 AM EDT   0.22 1000 TSXV 001 53
06/07/2019 11:43 AM EDT   0.22 500 TSXV 001 53
06/07/2019 11:41 AM EDT   0.22 3000 TSXV 009 124
06/07/2019 11:41 AM EDT   0.22 6500 TSXV 009 53
06/07/2019 11:41 AM EDT   0.22 6000 TSXV 009 001
06/07/2019 11:40 AM EDT   0.22 3000 TSXV 143 001
06/07/2019 10:41 AM EDT   0.22 10000 TSXV 002 001
06/07/2019 9:47 AM EDT   0.22 1000 TSXV 13 001
06/06/2019 3:35 PM EDT   0.22 2000 TSXV 89 124
06/06/2019 3:29 PM EDT   0.22 8000 TSXV 89 001
06/06/2019 2:53 PM EDT   0.22 10000 TSXV 89 001
06/06/2019 2:24 PM EDT   0.22 10000 TSXV 89 001
06/06/2019 1:07 PM EDT E 0.22 450 TSXV 007 59
06/06/2019 12:16 PM EDT   0.22 14000 TSXV 007 59
06/06/2019 12:16 PM EDT   0.22 12500 TSXV 83 59
06/06/2019 12:15 PM EDT   0.22 7500 TSXV 83 59
06/06/2019 12:15 PM EDT   0.22 25000 TSXV 79 59
06/06/2019 12:15 PM EDT   0.22 20000 TSXV 007 59
Date/Time   Price Shares Exch/Mkt Buyer Seller
06/06/2019 12:15 PM EDT   0.22 7500 TSXV 002 59
06/06/2019 10:54 AM EDT   0.22 13000 TSXV 009 22
06/06/2019 10:54 AM EDT   0.22 24500 TSXV 007 22
06/06/2019 10:47 AM EDT   0.225 32000 TSXV 83 22
06/06/2019 10:47 AM EDT   0.225 9000 TSXV 007 22
06/06/2019 10:30 AM EDT   0.225 21000 TSXV 007 001
06/06/2019 10:22 AM EDT   0.225 15000 TSXV 007 001
06/06/2019 10:15 AM EDT   0.225 2000 TSXV 007 001
06/06/2019 10:12 AM EDT   0.225 3000 TSXV 007 001
06/05/2019 3:06 PM EDT   0.22 20000 TSXV 007 85
06/05/2019 3:06 PM EDT   0.22 30000 TSXV 83 85
06/05/2019 3:06 PM EDT   0.22 1000 TSXV 002 85
06/05/2019 3:06 PM EDT   0.22 3000 TSXV 007 85
06/05/2019 3:06 PM EDT   0.22 5500 TSXV 009 85
06/05/2019 2:51 PM EDT   0.225 3000 TSXV 007 001
06/05/2019 12:41 PM EDT   0.225 6500 TSXV 83 85
06/05/2019 11:53 AM EDT   0.225 5000 TSXV 83 007
06/05/2019 9:53 AM EDT   0.225 4500 TSXV 143 001
06/04/2019 3:18 PM EDT   0.22 2500 TSXV 009 001
06/04/2019 3:17 PM EDT   0.22 7500 TSXV 009 13
06/04/2019 3:02 PM EDT   0.22 3000 TSXV 009 85
06/04/2019 2:11 PM EDT   0.22 4000 TSXV 009 007
06/04/2019 1:58 PM EDT   0.225 5000 TSXV 13 001
06/04/2019 1:49 PM EDT   0.22 27500 TSXV 009 001
06/04/2019 11:51 AM EDT   0.225 4500 TSXV 009 001
 
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