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Bullboard - Stock Discussion Forum 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... see more

TSX:SVA - Post Discussion

Sernova Corp > Flat; Close $0.28; 299k
View:
Post by jwallisca on Dec 03, 2020 10:46pm

Flat; Close $0.28; 299k

Mr. House Positions:
 
Thank you for your advice and market depth extra in addition to the House Positions! Yes, a medieval city under siege is an apt descriptor. 

What to say about today? SVA closed flat at $0.28 on 299k (186k Germany; 2k US), but it is the disparity in volumes: 65k TSXV, 234k alternate exchanges that is noticeable. Integral Wealth (017) much prefers the TSXV as that dictates the official Open and Close prices. However, it is as if the goon squad is trying to circumvent 017. This is my speculation of course. 
 
The arrival of figurative Sell Side invading armies to the SVA medieval city and in full view battle dress rather than icebergs used by professionals is amazing. It's as if an "entity" is preparing for battle. This is another speculation. 
 
Now that I have created a thriller story, lets try to rationalize what has been happening recently. 
 
1) We've had several news releases that all strongly hint that The Pouch is not only working, but is close to being a functional cure for the hardest to treat diabetics on the planet: Brittle Type I Diabetics. 
2) Several releases have said that Sernova is actively pursuing collaborations (which often end with a Buy, Bye). 
3) The $3 million PP announced in September, like previous PP's, had warrants attached. 
4) The warrants for earlier PP's were extended for three months rather than the customary six. 
 
Now, you don't box yourself into a corner with three rather than six month extensions for warrants. Thus, the extension has one interpretation only: there's something happening in the background that is close to being completed and it is huge for Sernova

My take is the "Invading Sells" are nothing more than some of the PP holders (no idea which PP) waving a red flag to take me out to lessen my risk because they know something that's close be being sure, but not quite there yet. It could also be neophytes not aware of how to do things. The sellers already believe that they will make out like the proverbial bandit with the warrants and part (or no) PP shareholdings with much less risk. In fact, they would get capital back to exercise some of their warrants. If this speculation is not close, then we are back to a more sinister interpretation that some don't believe a deal gets done and they are trying to block the warrants from being exercised, but strange indeed to show your hand. I rule out shaking the tree after showing your hand as that is a manner that I have never seen used. 

Clearly, I would put my faith in Dr. Toleikis. He's done one Buy, Bye and knows the pharmaceutical industry intimately. Further, Sernova has a proven multi-trick pony "The Pouch": World First and World ClassWhere there's smoke, there's fire. 

Anyway, enough conjecture for one trading day! 
 
jwall 
 
V:SVA - Sernova Corp. - https://www.sernova.com/ 21:35:13 EST
Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
SVA - V 2.0 0.28 · 0.285 14.0 0.28     298.8 85 64 0.28 0.290.275 0.35 0.095 15:54:08 09:00 15 min RT 2¢
TSX-V - V 2.0 0.28 · 0.285 14.0 0.28     65.1 18 20 0.28 0.285  0.275 0.35 0.095 15:54:08   15 min
NEO ATS - U   0.275 -0.005 -1.8 61.5 17 16 0.2850.2850.275   15:53:57   15 min
Alpha - A   0.28     11.0 3 3 0.28 0.290.28   12:41:32   15 min
Omega - O   0.28     59.0 17 11 0.285 0.29  0.28   15:43:55   15 min
Chi-X - X   0.28     80.0 23 2     Dec 02 14:54:11   15 min
CX2 - H   0.275 -0.005 -1.8 21.0 6 8 0.2850.2850.275   15:53:57   15 min
TriAct - M   0.28     1.2 0 4     Sep 10 11:52:32   15 min
Trade times are ET. News times are ET. Bid/ask/vol sizes in thousands.
Recent Trades - Last 10 of 64
Time ET Ex Price Change Volume Buyer Seller Markers
15:54:08 V 0.28   1,000 17 Integral 1 Anonymous K
15:54:03 V 0.28 -0.005 100 7 TD Sec 59 PI  
15:53:57 H 0.275 -0.005 500 13 Instinet 2 RBC K
15:53:57 V 0.275 -0.005 500 2 RBC 2 RBC K
15:53:57 V 0.275 -0.005 500 2 RBC 2 RBC K
15:53:57 H 0.275 -0.005 500 13 Instinet 2 RBC K
15:53:57 U 0.275 -0.005 500 2 RBC 2 RBC K
15:53:57 U 0.275 -0.005 500 2 RBC 2 RBC K
15:53:57 V 0.28   500 7 TD Sec 2 RBC K
15:53:57 V 0.28   5,000 17 Integral 2 RBC
 
Recent Trades - Last 18 of 34
Time ET Ex Price Change Volume Buyer Seller Markers
13:56:44 H 0.285 0.005 1,000 1 Anonymous   1 Anonymous   K
13:55:33 U 0.285 0.005 1,000 2 RBC 1 Anonymous K

Time ET Ex Price Change Volume Buyer Seller Markers
13:35:15 O 0.285 0.005 5,000 85 Scotia 1 Anonymous K
13:21:46 H 0.285 0.005 7,000 79 CIBC 1 Anonymous K
13:10:32 O 0.28   4,500 33 Canaccord 88 Credential K
13:10:32 O 0.28   3,500 1 Anonymous 88 Credential K
13:07:32 O 0.28   5,000 1 Anonymous 88 Credential K
12:42:58 V 0.285 0.005 1,500 85 Scotia 79 CIBC K
12:41:32 A 0.28   1,000 1 Anonymous 124 Questrade K
12:36:08 V 0.285 0.005 1,000 124 Questrade 79 CIBC K
12:30:53 O 0.29 0.01 1,000 1 Anonymous 1 Anonymous K
12:01:30 M 0.28   182 2 RBC 13 Instinet
 
12:01:30 U 0.28   11,500 1 Anonymous  13 Instinet K           
11:53:27 V 0.285 0.005 500 1 Anonymous 1 Anonymous K
11:51:30 O 0.28   4,500 1 Anonymous 88 Credential K
11:51:30 M 0.28   499 2 RBC 88 Credential E
11:11:21 M 0.28   300 7 TD Sec 7 TD Sec
 
11:05:40 0.29 0.01 5,000 85 Scotia          33 Canaccord   K          
 
11:01:03 0.28   2,000 1 Anonymous   143 Pershing    K         

All 20 TSXV Trades:
Date/Time   Price Shares Exch/Mkt Buyer Seller
12/03/2020 3:54 PM EST   0.28 1000 TSXV 17 001
12/03/2020 3:54 PM EST E 0.28 100 TSXV 007 59
12/03/2020 3:53 PM EST   0.275 500 TSXV 002 002
12/03/2020 3:53 PM EST   0.275 500 TSXV 002 002
12/03/2020 3:53 PM EST   0.28 5000 TSXV 17 002
12/03/2020 3:53 PM EST   0.28 500 TSXV 007 002
12/03/2020 3:43 PM EST   0.28 3500 TSXV 007 124
12/03/2020 3:43 PM EST   0.28 2000 TSXV 17 124
12/03/2020 3:31 PM EST   0.285 1000 TSXV 007 001
12/03/2020 3:31 PM EST   0.285 14000 TSXV 007 79
12/03/2020 3:10 PM EST   0.285 8500 TSXV 143 79
12/03/2020 12:42 PM EST   0.285 1500 TSXV 85 79
12/03/2020 12:36 PM EST   0.285 1000 TSXV 124 79
12/03/2020 11:53 AM EST   0.285 500 TSXV 001 001
12/03/2020 11:01 AM EST   0.285 15000 TSXV 85 001
12/03/2020 9:30 AM EST   0.28 500 TSXV 002 001
12/03/2020 9:30 AM EST   0.28 5000 TSXV 002 001
12/03/2020 9:30 AM EST E 0.28 35 TSXV 007 59
12/03/2020 9:30 AM EST   0.28 1500 TSXV 001 001
12/03/2020 9:30 AM EST   0.28 3500 TSXV 007 001

House Positions via Slow Loading Link
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Sent: 12/3/2020 4:35:39 PM
Subject: The Wall :(

It's starting to look like a walled Medieval City out there. 
 
Last summer, I got curious and emailed the TSX (exchange) and asked them how one would (or could) find out who were the entities trading under House 001 on a particular stock. As I remember, the response was something like "If you are a registered company trading on the exchange in good standing, if asked, we would inform you of the parties trading under House 001". 
 
I certainly got the sense that if Dr. Toleikis, or another company official, approached the exchange and asked, it may be forthcoming with a little helpful info. They did seem open to it. Worth a try! 
 
Here's the market depth at the close:
 
 image.png
 
---------------------------------------
 
Today's numbers:
 
image.png
 
The Week: 
 
image.png
 
Comment by jwallisca on Dec 03, 2020 10:48pm
Stockhpuse clipped the sentence after the four points: Now, you don't box yourself into a corner with three rather than six month extensions for warrants. Thus, the extension has one interpretation only: there's something happening in the background that is close to being completed and it is huge for Sernova. 
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