Anavex Life Sciences Corp (AVXL)

[sokol]

Either the low of tomorrow, March 1, or the low of Friday, March 2, may be lower than the low of today, $2.25. However, if that occurs, selling is likely exhausted, and the short term share price at least is likely to move up. In other words, I would not consider it to be that bad of a thing if we made new lows tomorrow or Friday. If this occurs, and there is no guarantee, the share price is likely to move higher beginning next week. I would then like to see other things develop next week to see if the move is considerably up from this very depressed level.

This is the lowest we have seen the share price since 2015, I believe, although the company is in a much better position than it was in 2015.

Personally, I would like to see the above (first paragraph) occur, but I know others on this board may go ballistic judging solely by lower low in the next two days. Of course, I am in this stock for the long term. I have kept abreast of the science, design of the clinical trials and more. I have a different perspective than those that view this stock short term. If I were short term, I would be very upset, but I am not.