Anavex Life Sciences Corp (AVXL)

[JPG77]

Tom - I can't say if you're right or wrong because I honestly don't know. The one thing that I've learned over the past week is to not underestimate those who've been manipulating the pps and driving this down by using NSS, triggering stop-losses and margin calls. I "suspect", and I could be wrong, that the shorts have run out of steam and not shares to borrow because this short attack has been going on since last Wed. And due to the 3-day rule, they would have already covered for last Wed-Fri. I think, and again I may be wrong, that many of those who were shorting by using NSS have moved on to other targets after driving the price down 75%. I think what we saw today were some of the smaller retail shorts and profit taking by those who bought in the $3-$4 range yesterday. Therefore I'm expecting a slow day-to-day increase with daily consolidation - just like today. Let's hope those who are taking advantage of these low prices are now buying more shares without margin!