Anavex Life Sciences Corp (AVXL)

[Gator328]

All valid points. It's wait and see until the 9th. I personally think that news events are fundamental because they affect the overall outlook of the company.

To an investor, Anavex is a much different beast with a $250M shelf offering than without it -- one investor may like that Anavex will be flush with cash while another may not like the dilution associated with a cash raise.

The Russell addition is another news based event that changes the fundamentals because it increases fund ownership and by association lowers the retail float. That's a fundamental change with shares moving from weak to strong hands.

10 more days and we see what the shorts are up to.