Anavex Life Sciences Corp (AVXL)

[jimmy667]

Nice to see a big pop so we can attract more shorts to trap later. Good for the traders, if we want to attract some more Investors it is better to have a slow gradual rise weaving around the ascending moving averages. If one is not a trader they do not want stocks they feel they have to baby sit or trade. Ivan is right this still is essentially a penny stock that needs to be traded. Range bound around moving averages is good for those who want to dollar cost average in over a long period of time.
Good data without some revaluation/legitimacy event like partnership, grant or new trial news MIGHT result in a "sell the news" perverse drop of exaggerated magnitude by the combined forces of "Flippers" and short sellers.
After this delay if the news is not nearly impossibly good I think many Investors as well as "Flippers" will be tempted to bail on the news. The difference is the Investors will not be as quick to buy back and may wait for further validation.
Good Luck to All
Go AVXL, I am Super Long the Company and its Mission and LONG term prospects for the stock, cautiously optimistic to neutral in the short term. If it holds here at the 200 MA then looks good otherwise those stink bids might not be placed low enough.