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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

Comment by BioTeckon May 28, 2021 6:53pm
145 Views
Post# 33291370

RE:RE:Too many people are expecting SVA to take off by late June

RE:RE:Too many people are expecting SVA to take off by late JuneHoping yes, expecting no. You never expect anything in the stock market unless you're a total fool. Regardless, if the price does go up, it will be met with heavy selling unless they release some unexpected news. Phil thinks he is being coy by dropping little hints in presentations and updates but I think it sets expectations. By the time they finally get around to it, there is no excitement and people sell as they know their money will be dead for another few months. If they kept everything more tight lipped and released news that was actual news, the share price would see a greater appreciation. Phil is easily bullied by big position holders. Instead of pandering to their needs, he should arrange them a cross so they can sell their positions and move on. The likely reason he can't do this is because no one wants all that paper. If they actually lined up some intitutional investors they could easily do it. Remember there are lots of people here with huge positions with costs sub 20 cents. The share price won't move like it did in January. Lots of profit taking will take place by these shareholders and the unlucky ones who bought on the way up in the 1.50+ range looking to break even and move their money elsewhere. GLTA and have a good weekend.
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