Anavex Life Sciences Corp (AVXL)

[fourdueces]

SNGX has a average volume of 200k shares per day. Where AVXL prior to any of the recent news was at 2mill a day average volume. Huge difference! Very hard to judge this stock by the normal otc . Reason being, they are developing a drug not some space rocket or whatever crazy news that comes out of 60% of these OTC stocks that sell warrants into news. Myself was lucky to find the first news article and got in at .82 on that Friday before the aussy article on the weekend came out. Feel extremely lucky to have come across this stock early. Only two things can cause this to go downward in the near future, one would be bad news on the final release of phase 2( which I doupt) That leaves only the financing of phase 3, which they haven't flooded any warrant's yet, so I can't see them doing that now, think that would have been done last week. From what I've read from long term holers is there seeking a active partner to help fiance phase 3. That's the only issue here ,