Post by
dart321 on May 31, 2021 1:51pm
One More Thing
before I sign off for the evening. The unproven naked shorts are estimated to be 3.86 million shares. If this is correct then the only way they will get their paper covered is if this trial comes back a bust. If it comes back strong, when the news halt is lifted it will cause the shareprice to skyrocket until they cover the total number of shorts. Just something else time will tell if it's factual or not. Night all, busy tommorow and wed so see you thurs.
Comment by
dart321 on May 31, 2021 2:57pm
One more thing, if we are lucky and this trial comes back 95%+ then I would expect the test to sell for somewhere between $9 to $15 Canadian depending on the size of the order. Likely aprox 50% of the selling price would go to Sona. So if you are doing numbers I would use those numbers to be on the safe side.
Comment by
jcole199 on Jun 01, 2021 12:32pm
based on price action, you pretty much know Sona will not be the one selling kits at $9-$15 usually great results are leaked out I would hazard a guess their trial is not doing so well. If there was major interest here the stock would show it. GLTA
Comment by
Kaiser on Jun 01, 2021 12:54pm
Retail is always last to find out... but I do agree with you volume and price and action is usually an indication of where things are going.
Comment by
Pepperoni222222 on Jun 01, 2021 10:22am
Everyone on ceo.ca is wondering where you got that info from.. Naked shorts are estimated to be 3.86 million care to elaberate???