Anavex Life Sciences Corp (AVXL)

[jimmy667]

Market makers wash trading inventory of shares at VWAP for a penny gain per share at these prices results in a 87% annual return on the inventory.
I watch Level 2 all day lately they buy at say 3.01 or 3.03 and turn around and sell for a penny higher pinning the price down and churning the stock forcing the most trades to the MMs inventory. Also could be involvement in short positions methodically covering. Short positions are shrinking according to some accounts. It does seem to be a consolidation bottom however. There MIGHT be some fireworks next week as September 15th is the final deadline for abstracts for CTaD, no "late breaking" abstracts allowed this year. Then there will be a strict embargo on information regarding this until after the Conference Dec 8-10, 2016. This might be the reason for the silence from AVXL as of late, busy preparing the abstract. But we have already submitted the abstract for the Parkinson's conference Sept 20-23, 2016 in Portland OR. (WPC). I am hoping for a "Steel Typhoon" of news on all fronts except ALZ to end this stalemated battle, leading to December 8-10 then "Dropping the Big One" at CTAD to firmly establish Anavex Life Sciences as a Prime Force in the War on CNS Disorders.
Go ANAVEX LIFE SCIENCES!
GLTAL