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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 > Fun for about an hour!
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Post by MoneyMouth on May 17, 2022 3:35pm

Fun for about an hour!

Well, we had about 1.1 million in volumn on the TSXV in the first hour and a half of trading today. The rest of the day was back to business as usual, no volumn (~240k shares) and a slow decay of share price until we are back in the red (atleast at the time of this post) Hilarious! According to these numbers, Sernova is LESS valuable now, compared to what they were before the news! The only thing that will save this is that TSX uplisting and volume. Let this be a lesson in what happens when a great company with great technology dilutes the living shiit out of their shares to the point where we have 400 million shares watering at the mouth to be sold... but only 1 million in volume looking to buy.
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