Sernova Market Summary and House Positions on 4 million shares traded :)
That was some crazy day for SVA. Almost four (4) million shares traded and despite being at 25 cents for quite a while the mafia trading goons managed to push the closing price back down to 22.5, which was also yesterday's close. Oddly enough, technically, because it opened at 22 and closed at 22.5 it is somewhat positive.
Canada stepped up to the plate on no news and traded almost 4 million shares, Germany 120k and the USA 150k (9 trades in bits and pieces plus two 50k blocks as the last two trades).
My gut agrees with the market's trading action. Both say more news is coming. My best guess is next week's Tuesday, Sernova's preferred day.
Although the official TSXV close is 22.5 cents, the alternate market close was actually 23 cents.The average trading price for today was 23.7 cents. The share price wants to go up despite the relentless pressure to keep it down. Oddly enough, despite Anonymous exerting pressure at the close, it was RBC that was the biggest seller today. Mind you, Anonymous kited shares back and forth between itself and RBC in just about every form imaginable.
On a positive note, Mackie were the biggest buyers today.