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Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

Sona Nanotech Inc. is a nanotechnology life sciences company, which is engaged in developing targeted hyperthermia therapy. The Company has developed multiple methods for the manufacturing of various types of gold nanoparticles (GNR). It is engaged in research and development of its technology for use in multiplex diagnostic testing platforms and advanced biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery system for multiple medical treatments, for the approval of various regulatory boards, including Health Canada and the Food and Drug administration (FDA). Its gold nanorod particles are manufactured without the use of cetyltrimethylammonium bromide (CTAB), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company is focused on the development of a pre-clinical nanomedical therapy for the treatment of cancer using its biocompatible GNR.


CSE:SONA - Post by User

Post by dart321on Jun 03, 2021 10:54am
149 Views
Post# 33318693

Risk Reward The Way I See It

Risk Reward The Way I See ItThis is only my opinion, normally you never buy a penny stock when it's falling, you wait for the bottom if you want to buy. The problem with that here is where is the bottom and how soon will the trial info be released. I do not suggest this to anyone but what I am doing is putting decreasing iceberg bids in because I don't think I would be able to buy as much as I want if I could pick the bottom. The risk  I see is I loose two thirds of what I have invested and the reward is atleast 10 to 30 times what I have invested all in a very short period of seven to eight weeks max. If there was a 1 to 1 risk reward ratio I would never do this but a 10 to 1 or maybe even a 30 to 1 then for me is a solid risk. Let me say again I do not suggest this to anyone else. Luck all. 
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