Anavex Life Sciences Corp (AVXL)

[XenaLives]

Yet institutional positions were actually acquired in the fourth quarter of 2015 when the price ranged between $3.30 and $7...
https://fintel.io/so/us/avxl?d=2015-12-31



And when these institutions increased positions in first quarter of 2017 most of the volume was in the range of $5 - $6 with the high of $6.50 reached just before ParkWest announced 5% holdings:

                                                                  
                                                            previous       current 
 2017-05-12	13F-HR	BlackRock Inc.			        1,344	1,605,252	119,338.39	5	9,214	184,180.00 
 2017-04-11	13F-HR	BANK OF MONTREAL /CAN/			2,000	77,000	3,750.00	8	442	5,425.00 
 2017-05-15	13F-HR	BARCLAYS PLC			          549	14,280	2,501.09	2	81	3,950.00 
 2017-05-15	13F-HR	DEUTSCHE BANK AG\			18,371	58,340	217.57	72	334	363.89 
 2017-05-10	13F-HR	GROUP ONE TRADING, L.P.		Put	51,000	119,500	134.31	202	686	239.60 
 2017-05-12	13F-HR	CITADEL ADVISORS LLC		Call	13,300	29,700	123.31	53	170	220.75 
 2017-05-15	13F-HR	SUSQUEHANNA INTNL GROUP, LLP	Call	16,500	35,200	113.33	65	202	210.77 
 2017-04-11	13F-HR	BANK OF MONTREAL /CAN/		Put	36,100	75,000	107.76	131	431	229.01 
 2017-04-11	13F-HR	Cutler Group LP	        	Put	31,600	62,800	98.73	42	36	-14.29 
 2017-05-15	13F-HR	Park West Asset Mgmt LLC	        1,500,000	2,962,090	97.47	5,940	17,002	186.23 
 2017-05-15	13F-HR	PRICE T ROWE ASSOC. /MD/		29,785	53,285	78.90	118	306	159.32 
  
 

https://fintel.io/so/us/avxl?d=2017-03-31




And when a few institutions who were holding Russel index fund shares sold and offered size the price also went up...



IMO - this is proof that institutions are unable to acquire size without pushing the stock price up. They can not " get as many shares as they like between 2.50 and 3.50". In fact most of their shares must have been acquired at $3.50 or more.