Anavex Life Sciences Corp (AVXL)

[jimmy667]

BIG MONEY WAS BUYING THIS WEEK@HIGHER PRICES,WHY? I have watched Level II trades constantly all day long all this week and last. If you look at the 10 day 1-hour chart you can see the result of the some big funds buying this stock. What I saw was not the usual 100-500 share trades at the higher prices at the start of the day on Mon 11/2 and Tues 11/3 when the higher it went the more quickly repeated 1000 sh trades were hitting on the buy side. Then today the big block sell orders that were not spoofs(made and canceled to attract lower sell orders) were gobbled up by buyers.

Why would big buyers buy at the peaks in so many quick 1000sh buys? Because that is where the SUPPLY is! They must have wanted to buy a lot and not distort the price too much. They would buy a lot for an hour or two then be finished. But when some sellers today offered big blocks on the sell side they were bought not in little chunks but big chunks or swallowed whole. We might have some big buyers out there Long Funds ect. who are interested in accumulating large positions prior to Nov 9. Look at the CFM(money flow) on the charts.

http://stockcharts.com/freecharts/gallery.html?s=AVXL

AVXL is still under extreme accumulation no matter the bear raids lately and frequently in this stock. If they still have positions to fill guess who will show up tomorrow? Why were not these big buyers in the market today until the big blocks were offered on the sell? Could it be they thought they pushed it up too much Monday and Tuesday and wanted it to cool off before adding to positions? If so will they then show up to buy tomorrow?

And if there are some big funds buying this why would they do this? The way this trades and the charts convinces me that this is under extremely heavy accumulation indicating institutional buying.

I am thankful for all the LONG DD posted on this board which has reinforced my own DD and I am convinced some Big Funds have come to the same conclusion. (No Pikers,

Oh and that little bear raid at the end of the day was
actually good for the stock price going forward. Even at the low point after hours is @$2.50 or 23% above Fridays close!!!!

STAY LONG AND STRONG!