Anavex Life Sciences Corp (AVXL)

[Doktornolittle]

It may be useful to always be aware of the technicals, since as you say, there will always be a group of people trading off the technicals. And if a number of things hadn't aligned here to create the perfect storm, I would pay more attention to your numbers... but I think those things did align. We'll have a better idea about that over the next few days, not weeks, is my guess.

I don't know if the usual bashing by the usual suspects will happen with this stock. I think that bashing gets nastiest when the hedge funds have shorted a stock heavily, and positive sounding news comes out. That is when those hedge funds go into panick mode. This is a penny stock, so I don't think anyone can short it. Maybe try to slow it down while they (and their buddies) turn their big cruise ships around to head our direction... but not the kind of panick aggression that comes with potentially unlimited losses in massive, uncapped shorts gone wrong. But I am a mid to short timer in this realm. Particularly the penny stock realm. Just my best guess.