Anavex Life Sciences Corp (AVXL)

[attilathehunt]

No block trades this morning. Although there were 2 trades at 9:38:35 totaling 12,639 shares.

I do expect to see another one at the close today. We may see a mid-day block trade or two if we get to $5.95 to $6.

It does look like we still weak retail selling here in the 5.75-5.90 range. I do believe we are still under heavy accumulation and they are being patient picking up the small lots. Once that gives (by noon?) we should move up to 5.90's. At that point, we will see how bad they want in. There should be several opportunities for the tutes to pick up big blocks.

My sense of what is going to happen.