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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 > Financing
View:
Post by blackjackall on Jan 20, 2021 10:56am

Financing

Have they announced a financing yet? Looks like it's going to trade down in anticipation.
Comment by Stocks2Go on Jan 20, 2021 11:01am
Agreed. Sure looks likeit. Maybe at $1.25?
Comment by MedStocks2 on Jan 20, 2021 11:03am
stocks2go another dumba$$. Did you short the stock?
Comment by Stocks2Go on Jan 20, 2021 11:25am
No I'm long. Bought last Friday at $1.19. Sold 1/2 yesterday at $2.55. I didn't think it would drop this far and still sinking. Will hold my remaining shares and buy more once I see a bottom.  I like SVA. No crystal ball here.
Comment by Redbaron2211 on Jan 20, 2021 11:07am
Lol no clue. Do you have any idea how much cash is in the treasury? Looks to me like traders are doing their best to instill fear. Watch for gap close then we're headed back up imo. It's the same drama every time.
Comment by steadfast on Jan 20, 2021 1:03pm
Redbaron - The 35 cent wts = $3,850,000                  The 30 cent wts =  4,032,049                  Total                    $7,882,049 ...more  
Comment by Redbaron2211 on Jan 20, 2021 10:22pm
Steadfast yes he is one of the few analysts who understands the potential here it's real science and is worth multiple billions. I believe he has more then one child with TD1 so for him it's more then just about the money he is excited about a functional cure. I have 2 kids and I can only imagine.. I would trade all the money in the world along with my self for them to be healthy. I'm ...more  
Comment by steadfast on Jan 21, 2021 8:16am
Red baron: Yes,  Chris Temple, The National Investor, lost a son with Diabetes and has 2 children also suffering from the disease.  It is about the cure for him, he clearly sees the potential of SVA being worth many billions of dollars.  I have been a believer of Dr Phil and the science for 7 yrs.  It is now starting to pay off.
Comment by MedStocks2 on Jan 20, 2021 11:02am
@jacka$$. Trying to sew fear? They aren't anywhere near needing to do a financing. We are well above the price to accelerate some of the warrants and there have already been warrant holders exercising warrants In my opinion based on trading patterns and history around financing.
Comment by JonEcash on Jan 20, 2021 11:03am
They don't need to do a financing. They're getting cash from the exercise of roughly 38M warrants that is happening right now and contributing to this selling pressure. For anyone new and surprised at the swings: welcome to Sernova! :)  I expect this to bounce once all of the warrants are done and they release news. Shouldn't have to wait too long as there was lots in the ...more  
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