Anavex Life Sciences Corp (AVXL)

[sokol]

Yes. Look at the long-term chart. How long did this stock stay at a low level? This is part of something I posted before about how one may make real money by investing in biotech:

”You have to be patient and you need to make sure that you do not lose your position because a stock like Anavex can have very sudden, abrupt moves. If you sell too soon, you may miss the big move. Anavex is attempting to do what no drug company has ever done before by finding effective treatments for CNS diseases that have no effective treatment. If it succeeds in obtaining drug approval or even looks like it will obtain drug approval, there should be a surge in share price...”

The way you may lose your position is to become impatient, sell too soon, and miss the sudden, abrupt surge the moment success/approval becomes apparent. Of course, the reverse may happen just as abruptly once a failure is evident. However, the AVXL share price is depressed. A short has little to gain compared to what may be lost on the upside. A long holding even a few shares may have little to lose for a shot at a big move.