Anavex Life Sciences Corp (AVXL)

[streetcalledStraight]

Hey Board,
Been long AVXL since early August. Didn't start out as an investor, but I am now. LOL

Just trying to make some sense of the recent price action. On Tues., 11/3, looking at a 30 min. chart, the precipitous drop at roughly 10:30, - was that the big money/inst. test for retail to see how we would react and what our sentiment was?
I wonder. If you notice on Thurs., 11/5, the day some of our eggs began to get considerably smaller, the opening candles' high was practically the same as the close of said candle on 11/3 at 12.60 (I have just thought that was very peculiar and I like to try and see their movements).
So, big money/inst. notices the reaction is mainly bullish at that point on the 3rd and decides to put the screws to us on the 5th? They gave us a day in between to think everything was copacetic and that we were just waiting for the news on Sat. I personally thought we would have some pullback after the news so the big boys could get cheaper shares, but obviously not to this price.

Again, just trying to make some sense and maybe be better prepared next time. Maybe Xena, or anyone else, has some knowledge as to this being one of the "plays" out of the big boy playbook and this was a visual representation of it on the chart. Is this what a "fake-out/breakout" is??
I assume/understand they have other plays and I think if/when we have another run-up, they will use another play to try and separate the retail from their shares.

Thanks for all the shared knowledge on the board over the past few weeks. Some has been quite helpful while other things I wish I had never seen. ;)

TIA