Sernova Corp T.SVA

20 day moving average $1.27

[steadfast]

Redbaron, would appreciate you checking my #'s.  I took Closing Price for last 20 trading
sessions = 2552.  . However, if we close at $1.27  today and tomorrow, we deduct
Jan 7 & 8 each 62 cent close = 2,682 div by   20 day average  on Feb 4 = $1.34. . 
We need to keep the stock closing above $1.34 to ensure a possible breakout.
I have done my part, I was buying at $1.40, $1.63, 1.64 and 1.65.
We need someone posting at Reddit, they have SVA followers, the 14 page recommendation
with potential of $5.50 has been posted.  Anyone interested?

[jpottawa]

Some Reddit interest would be great, yes please share the link to the recommendation that you mention.  I'm buying more SVA today, we seem to have settled above $1.25

[Redbaron2211]

Steadfast looks good 20dma does look like support and it lines up with RSI (14).@ Its pretty common for RSI to bounce around 50 in an upward trend.@ Technicals are rested and were building a good base for the next leg that will likely be driven by news/fundamentals.

[Basket11]

Anon must be using iceburg asks today to hold the price down. It seems people are trying to buy the $1.33 ask and getting the invisible $1.31 from anon. 

[BioTeck]

Thatis not how icebergs work. The more plausible cause of this is that you only have a subscription to see level 2 on the venture exchange not the numerous others where in fact, there are shares for sale at 31 cents.

[Basket11]

How do iceburgs work? There hasnt been any shares at $1.31 on neo or tsxv so maybe youre right. 

[BioTeck]

Well first, icebergs work by spelling them with an E not a U ;) They are used by people or institutions with large holdings so they don't have to put say 1,000,000 shares on the ask. This would scare investors and likely drop the price making it difficult to liquidate. An iceberg works by putting the entire amount for sale but only showing a small portion of the shares (like an iceberg hence

[Basket11]

Ok exacatly what I thought and the exact scenario that you have posted. Got it! 

[MedStocks2]

and I was looking forward to trying an iceburger. Lol