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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 > bought deal
View:
Post by woundedknee on Mar 03, 2021 11:57am

bought deal

23 mill raised, but pretty expensive. $1,450,000 Plus 385 k units and 1.21 mil options. Doesn't say anything about a 4 month holding period.
Comment by BioTeck on Mar 03, 2021 12:47pm
WK, you bought today, have bids in at 1.20. What is the point of your post here? Trying to get your order filled? Push it to 1.34, it'll be easier than trying to scare people into it haha. We all know there is no hold and the details of the deals the day the deal was announced. You're concerned now after buying back after selling your position? 
Comment by Sailboatdream on Mar 03, 2021 12:59pm
Not to mention the $80M to $90M in lost market cap in the past 4 weeks caused by this deal.  Yes... very expensive indeed.  Impressed by the science but a lot less impressed by management. perhaps an opportunity to make adjustments at next AGM.
Comment by woundedknee on Mar 03, 2021 1:07pm
No arguments here.
Comment by woundedknee on Mar 03, 2021 1:09pm
It looks to me that the 1.30 mark will be breeched in a few minutes. jmo
Comment by Redbaron2211 on Mar 03, 2021 1:20pm
I wouldn't be worried about the weak hands from the deal let them flush; it's a small portion of the total and likely some uninformed risk adverse participants.   If we were watching insider sales or long term investors bringing this down it might be worth worrying about.  
Comment by AlfonzoBall on Mar 03, 2021 1:30pm
Your right Sail the silence from management is deafening.
Comment by BioTeck on Mar 03, 2021 1:41pm
Fear-o-meter is in the yellow/red zone. Great buying opportunity and I took full advantage of it :D RixPix did I buy your shares? If not, I'll take them off your hands at 30 cents.
Comment by AlfonzoBall on Mar 03, 2021 1:49pm
You have been on a buying spree what's the count at now? If only I was as cool and savy as you.
Comment by BioTeck on Mar 03, 2021 2:19pm
Nothing to do with coolness or savvy, I'm just not an emotional fool and I've invested in a stock in which i've done ample research and feel very comfortable holding and adding when the time is right. Ask yourself whats changed since you decided to buy the stock. Has anything negative happend or you are you just dumb enough to expect something you bought (at the wrong time) should ...more  
Comment by woundedknee on Mar 03, 2021 2:27pm
Hope you're not talking to me Bio. I'm a buyer and also love to watch trading patterns. Too cold to go to work in the woods, so this is my entertainment.  And i agree with everything you said. Oops. I guess by reading your last paragaph, I am not your target.
Comment by AlfonzoBall on Mar 03, 2021 2:56pm
Yes!!! Love that pep talk. Thanks BIO Axelrod
Comment by woundedknee on Mar 03, 2021 2:16pm
yes bio, I did some sub 1.35 buying myself. Now we are back at the 1.35 ask. If we break that then we may go back to the 50's. May a bit optimistic.
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