Anavex Life Sciences Corp (AVXL)

[123tom]

Oh that's a terrible thing to tell me...

LOL. well done.
I suppose if I was going to plan for it better, I might have placed another bid at 3.88,or 3.50 but realistically, well, that was just well done by you Steady T.


Here's the thing about watching the technical price action and combining it with the various fundamental issues, it does have some effect,what the PR does to help or not, when good PR management does something in anticipation of danger times like what share price was doing in recent weeks, bleeding down, theres danger to deal with there, and maybe AVXL management should have done something more proactive to help negate this attack. as others have mentioned. I appreciate that notion. I can believe that Missling et all are not as saavy as they could be about shareholder price action support.

But aside from that, todays butchering, went beyond the scope of the daily technical chart, and fell about 40 cents lower than could be seen. it went "off the charts" so to speak.

3.63 ...... seriously ? That was a big slam down to go that far below the 4 dollar . they really pushed it full throttle.

I might not guess we would see a retest of the 3.60 bottom., but it cant be ruled out.

Looking now at what might offer support around 3.85/4.00 area for now. They did in One Day, what should have taken weeks to bleed down.