Anavex Life Sciences Corp (AVXL)

[jimmy667]

If there are major players that want a large stake in this they must find a supply. I watch level II All day long except for days like today. What I saw in the move from 8 to 13 was huge block buying blocks of upwards of 10k flashing repeatedly.But what that indicates I can only surmise. I suspect and I will act on this assumption is the next time we get to blue sky 13+ there will be a big supply people remembering last time and think they can game it by selling and buying back in later for less to get more shares.
I will act on the asumption that next time it will not return to lower price. I THINK PRESENT FAIR MARKET discounted for probabilities is 15-30. The market runs on sentiment I have my own value based on conservative mathematics. Unless we see parabolic topping action I will not sell just because we are in the blue sky area. We should be over 15 now in my evaluation. If we spike to 30 on a parabola from news of Ph2/3 trial I may sell some and immediately take a stake in our diagnostics contractor.