Anavex Life Sciences Corp (AVXL)

[TheGreatSwami]

I have a hedge fund conspiracy theory. Would like to throw out some thoughts... FYI, I believe in the stock long term but have been playing the ups and downs on this guy.

Notes:
*No one could short Monday, Tuesday and Wednesday due to those days being on the short circuit breaker.
*last week Wednesday, Thursday and Friday were heavily shorted
*Monday was a day no one could short but it started off with a huge crash. The crash started about 20 minutes before pre market was going to finish and lasted maybe 30 minutes into the beginning of regular trading maybe longer I forget. The Monday crash appeared to come from the ask continually being undercut. The price was being lowered but the vast majority of orders happened on the ask, just look.

Theory, want to get opinions:
*I feel like a hedge fund super shorted Friday evening. Were unable to short Monday morning due to the NASDAQ circuit breaker rule and knowing that would be the case spent a lot of planned money to undercut the ask Monday morning to continue the panic. Then they could cover their shorts at an even lower price than Friday and/or pick up some shares at a lower price.