RE:RE:RE:RE:RE:RE:RE:FFS!! I'm pissed off!! SVA going down to a dollar tomorrow.Based on your previous posts and lack of market experience, I really don't think you're in a position to accurately guess where the price is headed. Even with the extra 8 million shares, you're looking at a few cent hit to the market cap. Yes, ill informed investors might be ticked off but they'd be doing themselves a disservice to sell over this minimal dilution. Especially at a loss since so many new investors are in at above 1.20. Any investor who knows anything about numbers isn't going to take a loss or potential loss by selling now because they are mad about 8 million shares being added to the existing 250,000,000.
If Canaccord/Leede were in fact keeping the price down in anticipation of this placement, what makes you think they'd bring it down further? These firms are taking the placement to sell to their clients. Their intentions are to make the clients money.
Either the money was needed (which i'm guessing it will be to get Thyroid and Hemophilia into the clinic) OR Phil is a total goof. Althought I haven't seen eye to eye with his decisions in the past, we are trading at 1.30, a whole dollar up from the last PPs which were massively dillutive.
I would however like to know why at 1.20 and not higher, perhaps doing douglas a solid for the 2.50 price target? It is the greasy vulture exchange after all.