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SVA House Positions and Market Summary 05-11-2019; Close 19 cents :(
Mr. House Positions:
Yes, I agree that today's bearish down a half a red cent to close at 19 cents on a paltry 195k shares (Germany 266k; USA 10k) is nowhere as near as good as parking at the same closing price.
The real issue is no news, which I expect to be fixed next week. That said, the November presentation is still based on 90 day (July) data. Maybe Dr. Toleikis will talk to post 90 day data 16 November. In my opinion, it would be embarrassing to go to present at a Canadian diabetes conference representing a Canadian penny junior with a Valuable Pouch and just parrot back data almost five months out of date.
n.b. Sernova's website "Latest Updates" shows November Presentation, but also the September 26, 2019 date. Somebody isn't paying attention to the details.
The above said, there has been considerable chatter about lack of news and why. I stuck my neck out and posted the following as my best guess of why we are w/o news.