Anavex Life Sciences Corp (AVXL)

[justthefactsmam]

link is for the recent prospectus avxl filed advising of a sale in excess of $9 million of stock to lincoln park capital fund.

https://www.sec.gov/Archives/edgar/data/1314052/000161577419004136/s116733_424b5.htm

experience with other small bios dealing with lincoln park leads me to believe there will be a public relations run up in the stock price when lincoln park makes this purchase and then lincoln park will short or otherwise dump shares on the market.

don't know what the long term implications are for avxl but in and around any lincoln park purchase will be a flipping opportunity for sure if past experience holds true.

don't believe this is a long term investment by lincoln park, they are just an atm being used by avxl.

keep an eye on this and don't be sucked in during any run up in price unless you are intending to be unabashedly long and don't care about short term fluctuations in the share price.