Post by
flight100 on Nov 26, 2020 10:03am
SONA will likely close at 1.20+ today
Well, this projection of 1.20+ may sounds crazy but given the stock price falling of over 60-70% in two days and also because the US market is closed, I highly think that we will see a major rebound this afternoon to close it at 1.20 with short covering from US side tomorrow morning.
Disclaimer: Well, this is specualtion and I have no insider info on the market activities. Please do your own due diligence before buying or selling SONA..
Comment by
JohnFriesen on Nov 26, 2020 10:56am
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Comment by
Specific on Nov 26, 2020 11:11am
i suspect that tax loss selling is going to punish sona even more plus, i suspect they will have to raise a lot of money to stay in the game ...ouch
Comment by
flight100 on Nov 26, 2020 1:39pm
Good Call Flight for calling SONA to hit 1.20+ today when the stock was trading around 0.90 ! haha