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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 Mercuryfilling1on May 13, 2022 9:20am
195 Views
Post# 34680954

RE:RE:RE:RE:Markets

RE:RE:RE:RE:Markets" Look at the state of the TSX and Venture exchanges. The crash is only starting..."

So far this is simply a much needed correction with a possible drift into bear market territory. A crash involves 30% or 40% drops but likely many here were too young in 1987 (or not born) to recall that particular debacle. Yesterday, three of my boring dividend holdings actually had modest gains. TRP, NWC, and AP-UN. In general I don't hold weed stocks or tech stocks or blockchain or crypto or ETF flavours of the month but I sympathize that they have all suffered mightily along with their investors. SVA and GENM are my only risky holdings and a modest part of my portfolio. Okay, in all honesty I might have overdone the SVA just a bit. Lol. So far, SVA is holding up while GENM is going south. I'm not suggesting there couldn't be a full blown crash but I really don't expect it to transpire right across the board. If you've allowed risky (exciting) stocks to dominate your portfolio then it could certainly feel like the beginning of the end, but sorry, that's not happening, at least not just yet. Crypto is crashing and that could lead to retail sell off in other areas but the Oracle of Omaha already warned about crypto. This isn't directed at anyone...it's just the observations of an old fart.  Lots of solid dividend paying companies out there (pharmaceuticals included) flush with incredible amounts of cash. I'm posting this before the opening so if a 600 point drop occurs today, you will have every opportuniy to castigate me at will.  
BTW, last May (2021) the TSX sat at 19,300, about 400 points less than yesterdays close.
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