Anavex Life Sciences Corp (AVXL)

[Gator328]

This isn't a sector issue. It's directly related to traders who got in with anticipation of new data at AAIC, and now selling when they realize we probably won't get new data until the next conference later this winter.

Some longs are undoubtedly frustrated, too, especially when you take into account Missling's salary.

The stock is up 100%+ since last September. A retrace back to the 3s is not entirely out of the question.

Long term what does it matter though?