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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 > Off Topic Quote From Oppenheimer
View:
Post by Sonny7 on Jan 05, 2021 4:25pm

Off Topic Quote From Oppenheimer

Quote: If Democrats win both Senate runoffs in Georgia on Tuesday, securing control of the two chambers of Congress, it could trigger a 10% stock market sell-off.

That's according to Oppenheimer chief investment strategist John Stoltzfus, who wrote in a note to clients on Monday that investors may be spooked by the prospect of increased corporate taxes and government spending under the Biden administration with a Democratic majority in the House and the Senate.

"A Democratic sweep of the two runoff elections in Georgia could cause the U.S. broad equity market to experience a downdraft of anywhere between 6% and 10%," Stolzfus wrote. Unquote

Comment by Redbaron2211 on Jan 05, 2021 4:37pm
Agree Sonny the part they left out is after that sell off the Dems introduce a 3 trillion stimulus plan and the market goes into another mega bubble that gets drug out for a few more years.
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