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Over 2.5 million SVA votes can't be wrong ;) Market Summary & House Positions 16 Sep 2019
My friend continues with the House Positions!
The market's large volume and share price rise (despite 001 and 002's attempts to beat it back) strongly suggests we get news tomorrow (or maybe Wednesday).
Canada traded over 2.5 million shares (1.8 million on TSXV), Germany 21k and the USA 37k. RBC (002) and Anonymous (001) were pushing hard to slow the rise, which saw a day high of 24 cents. Anonymous then started to both Buy and Sell (including crosses & RBC selling to Anonymous) leaving its friend, RBC, as the big seller today.
The official close is 22.5 (TSXV rules the Open and Close), but the actual last trade was 23 on the Chi (X) exchange. Much of today's volume towards the close was 23 and 23.5 cents even though the average trading price was 22.6 cents for the day.
This ongoing high volume after closing of the PP is both an attempt by the market to start to revalue Sernova because of the Vertex Vortex takeout of SEMMA and the seemingly expected positive news imminently (as confirmation that Sernova has the real deal goods).