Anavex Life Sciences Corp (AVXL)

[XenaLives]

Not necessarily, the hedge funds make most of their money off of screwing retail. If they can't make money taking it down they will make money by taking it up to high and then shorting it down.

That's why the stock hit $15...

But institutions started adding after the uplist and I suspect that will continue, they just want the shares as cheaply as possible, so until the company is more mature or partnership is established they can do the sort of crap they're doing now.