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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 rixpixon Jan 20, 2023 11:18am
176 Views
Post# 35235569

RE:RE:RE:RE:Time to cool it.

RE:RE:RE:RE:Time to cool it."Dead money" as you call it has turned out to be a good thing for me.

Having lived the ride from 20 cents, to over 2 bucks, then losing 50% from its high, and seeing what the market, especially tech stocks have done in a year,  I can honestly say that if I had sold SVA high I would've lost all that profit and then some. 

Looking at some stocks I was thinking of buying last year if I had sold SVA, I wouldve been down over 75% and some chinese tech stocks over 90%, so as far as I'm concerned, holding my 200K SVA shares have been a safer and better bet.

The funds I got selling 39,500 shares at 71 cents, I bought BITK at 60 cents a bit later.. 
Today they're worth 12 cents. LOL. 

So you see, for me still holding SVA has been a winner. 
GL

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