I sold some at $34 and the rest at $32. I'm curious to see how low it goes moving forward since I'm looking for an entry for a longer term hold.
Yes, it was a great move. Oddly, it had a ton of halts. Couldn't believe how often it halted. I was just setting a sell order at around $50 when the first halt hit. It opened up around $30. I've never seen a stock get halted so often. A lot of people are suggesting the SEC investigate company for insider trading, but, I think the halts were more of a problem. It halted about 20 times and with a few exceptions, most opened lower.
This is the first time I've actually seen a true short squeeze. At least, it appears to have been. Most thought the company was dying.
I haven't been following AVXL in a long time.
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What a move! Good luck with however you decide to play it going forward! Are you still following AVXL? If so, what are your thoughts on the upcoming Parkinson’s release the next few weeks?
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