Anavex Life Sciences Corp (AVXL)

[123tom]

Adding shares or waiting...


If I didnt own any shares ,I would have been buying alot anywhere from 2.00 to 1.25 in the past month.
If I already own alot and am looking for best bargains,and if it makes enough difference between buying at 1.80 versus buying at 1.50 ,the risk is that it might not drop to 1.50. odds are 50/50 in my view. This 1.75/1.85 area is a resistance shoulder zone. it could get hammered down in todays final hour. I might tend to wait for that move. we see it happen all the time. In the last downwave from 2.00 to 1.25. I was thinking it ought to hold at 1.75,it ought to hold at 1.50.It ought to hold at 1.35 . it ought to hold at 1.25. and I bought most of these steps along the way down.

This time,I personally will wait for more at 1.50. I'm ok if it doesnt go there.
whats a bargain these days of 20 cents, buying 1000 shares, 200 bucks?
Whats most important is to own enough shares to make it a worthy investment. Having a cost basis of 2 dollars is much better than what alot of people have.