Anavex Life Sciences Corp (AVXL)

[attilathehunt]

McMagyar,

You stated: "What part of Blockbuster is everyone not comprehending?"

I think the challenge here for most (new investors), if what you believe is true, than why are we not at a 5B MC today?

I sense that we need another PR confirming what we know to be true today. This way they are hearing it live. Right now most new investors are hearing it as history (news that was already released and the share price did "nothing").

I even think that part of Noble's coverage was due to their knowledge that tutes started accumulating in Q42016.

Last year around this time I stumbled across a paper authored by 7 doctors (4 were from one company and the other 3 were independents). I said to myself if this is true this stock will take off. So I bought 4k shares for about $10. A couple of weeks later the stock dropped from about 2.50 to 1.60 or so. The message boards all talked about pending approval. I read the abstract and decided to add another 3k shares. Lo and behold the company issued a PR (I believe it was Aril) and the stock jumped to $8. I gather most retail sold at that point, while tutes were adding (many small trades and lots of block trades). The stock then shot up to 17 and traded widely. I sold a couple thousand at 8 and a few more at 17. At the end of May the stock shot up to 30+ due to an offer from JAZZ. The stock was CPXX.

My point is that with some stocks it may take a sure thing before the price reacts. AVXL is currently in that boat, however this will change real soon. The next confirmatory PR will send our share proce noticible higher. It can come at any day now, thus my advice to hold and accumulate. The day trades will yield nothing if you are caught mid-stream. Dont get greedy, Just hold and buckle in.