Anavex Life Sciences Corp (AVXL)

[jimmy667]

Nice charts Tom thanks. You asked what power to move market like that. Looks like swinging $500k can do it. There was 58k share block ask that egdx was moving lower and lower only 1600 of them looked like they were sold werevthey naked shorts shorts or actual closing long shares I do no know. Put that 58k rook piece with a lot of little 1 to 10k bids and asks along with some spoofs controled by hf algos and it seems they can make a game of it with $250k to $500k to manipulate market for this low float low priced stock. Question is where do they want to go from here? A three day smack down to 3.60/3.50/3.30 as has been the pattern of late? Or are we too close to conference and 12'week results?
At this point I do not put anything past these manipulators. Does AF release his weekly bio blog on wensdays? I wonder if he will take a jab at AVXL for a cover for another extreme smack down. Seems like today may have been a weapons test to see how their HF Algo weapons were working in this current market enviroment. Looks like they are working very well. For real news I expect them to run it up skyhigh then pull the rug and try to crash it. After that fiasco today I am half stock half cash. I usually do not flip but have been conditioned like Plavlovs dog to expect a smack down so sold all in the morning no where near the HOD then bite my nails to get back in under 4.20 near EOD to buy back half. Will buy the others back when see which way from here. Might be caught chasing maybe get some cheap shares. My suspicion is that there is some Psycological warfare in trying to convert buy and hold retail into swing traders where they get caught chasing. Just about happened to me today and try have loosened my adversion to trading a little to avoid some smack dlooowns. The problem for the retail is we do not know when they will switch to algos from pump to dump. I thought a saw them switch at around 11.30 but was head fake that caused me to sell then they continued run up till exactly 1pm. If there is collusion then the mm manipulators may already know and disseminated the plan on when algos switch to dump. I am guessing if there is another Positive PR tomorrow the rally will continue if not or a bash maybe back to the lower part of the trading range. At least we broke through the last high at 4.81 so if nothing else expanded the trading range and if it reverses from here and holds above last low then making higher highs and higher lows.
Thanks for consistantly posting cogent charts Tom. Good luck to all I hope AVXL smokes it tomorrow and leaves me chasing the shares I did not buy back today. I hate to play defense especially with a stock that I feel should be valued geometrically higher right now at current state of drug development. I am in agreement with the many intelligent posters here that think sky is the limit but it will be a bit bumpier and more twists and turns then most because of the low float and possible RICO involvement manipulating the stock.
GOOD LUCK AND GOD BLESS TO ALL.