Post by
Basket11 on Jan 25, 2021 9:03am
Exercise of Warrants
https://ceo.ca/@thenewswire/sernova-announces-warrants-exercise-for-proceeds-of
Comment by
Nighttrade on Jan 25, 2021 9:49am
Which share holders? I feel bad for the new bag holders that have lost 40% of their value and counting. Lets hope for some good news to stabilize the price so this company doesn't look like a pump and dump to them.
Comment by
BioTeck on Jan 25, 2021 10:12am
I don't feel bad for them. It's the stock market, nothing is guaranteed folks. If you chase a stock on a run up of 1000% and then quiver and panic when it corrects a little, you're not an investor or a shareholder, you're just a retail fool. Sell at a loss and find something else to do with whats left of your money. I'll glady take them off your hands.
Comment by
Nighttrade on Jan 25, 2021 10:16am
40% and counting is not " a little" correction. And way to welcome them... Lol
Comment by
Bakunin6 on Jan 25, 2021 10:21am
This correction is wholely due to the warrant holders...and they're not done yet.
Comment by
Nighttrade on Jan 25, 2021 10:32am
F you.... You are the biggest little pumper going. 40% from a 1000%? Does this include the market crash? Lmao. That does not reflect value. You are most likely a warrant holder and shorting. Lmao.....
Comment by
BioTeck on Jan 25, 2021 10:38am
Yep, I did have warrants. Pumper? LOL, I haven't been called that in a lonnnng time.
Comment by
Bakunin6 on Jan 25, 2021 10:42am
By the way, warrant holders are not shorting the stock, they're taking profits.
Comment by
Nighttrade on Jan 25, 2021 11:26am
By value. You mean playing your little games? I have been reading this board for years and its viewers have grown over the past week. Yes it looks bad to drop this much and keep dropping whether you or any other "long term" holder likes it. For F's sake its called perceptive.
Comment by
Bakunin6 on Jan 25, 2021 11:30am
Just dropped up a dime on 1 million shares. Chill...
Comment by
kriko on Jan 25, 2021 11:37am
--> For F's sake its called perceptive. Perceptive is an adjective, but your sentence structure indicates a noun. So I think you mean perspective.
Comment by
Nighttrade on Jan 25, 2021 11:38am
Its called auto correct Shi! Head.
Comment by
BioTeck on Jan 25, 2021 11:43am
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Nighttrade on Jan 25, 2021 11:52am
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BioTeck on Jan 25, 2021 12:01pm
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Nighttrade on Jan 25, 2021 12:02pm
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BioTeck on Jan 25, 2021 12:18pm
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Nighttrade on Jan 25, 2021 12:26pm
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Comment by
Bakunin6 on Jan 25, 2021 10:35am
Nevertheless we've absorbed the cost of 12 mil. Warrants and are substantially higher...the selling will stop eventually but I doubt that the buying will. Going higher.
Comment by
Nighttrade on Jan 25, 2021 10:37am
I agree just pointing out the missing pieces and how others may be seeing the company.
Comment by
BioTeck on Jan 25, 2021 10:42am
By others you mean you. We get it, you're panicking and second guessing your purchase and coming here looking for support. It happens.
Comment by
Nighttrade on Jan 25, 2021 10:44am
Nope. I bought in at 0.68.... I have been trading this stock for a couple years. Still looks bad to lose that much in a week and counting.
Comment by
Nighttrade on Jan 25, 2021 10:55am
My only point is that it looks bad. New investors will look at the timing and chart and gring. It is hard to get a stable price with this much of a drop. More news to stop the bleeding would be good for long term value.
Comment by
WEST-VAN-INVESTOR on Jan 25, 2021 10:57am
YES People taking profits, Yes People selling to fund paying for their warrants... The great part is the company now has money to fund their next steps.... Money going back and forth between investors does not advance the company, Money going into the company is where the real value is made. This is good.
Comment by
WEST-VAN-INVESTOR on Jan 25, 2021 12:08pm
Money going back and forth between investors does not advance the company, Money going into the company is where the real value is made. They just raise $4+ mil. This is good.
Comment by
clutchbeyers on Jan 25, 2021 10:38am
For those of you complaining on these daily dips, sorry you were'nt in on the stock when it was forever in the .13-.30 range for years. Lots of us are playing with house money. And these exercised warrants are exactly what Sernova needed to expand that runway of funding for their efforts. Its great news for the long term setup for us that have been watching this for years. GLTALongs
Comment by
clutchbeyers on Jan 25, 2021 10:33am
Couldn't have said it better myself :) I will keep accumulating and holding. Wait until the licensing announcements in the next few weeks.