Anavex Life Sciences Corp (AVXL)

[apostrophe]

Feel like jabbering something about the surprise brexit move last night. Overnight markets are selling off, S&P looks to be down about 3% so far. Theoretically shouldn't affect AVXL but we know how that can go. Gold is up, oil heading down as expected. From what I've read, the general sell-off should likely be short lived, a kind-of dumb knee-jerk response.

Possible upside would be more cash floating around to go into non-petro stocks not effected by brexit such as promising bio-techs.

I even thought about shorting the s&p yesterday since upside was limited if no brexit. Drat, a bit late now. Well, can always add a bit more AVXL if it dips below my cost basis I suppose...

It might not dip. What does AVXL have to do with Brexit, nothing. Guess will get to see how far market irrationality can pervade.