Anavex Life Sciences Corp (AVXL)

[falconer66a]

My pricing powers.

I was delighted to be able, once again today, to push the AVXL share price higher in the afternoon, closing at nearly the high of the day.

Today, my brokerage received the new funds I had my bank send to them, from my savings account (from my discretionary funds; can afford to lose these if it happens). I was eager to buy a few more AVXLs.

But, being an astute student of typical share prices during recent days, I noted that for some time, on most days, the AVXL share price ascends before noon, then settles back in the afternoon, sometimes lower than the previous day's close. Seeing that, I intended to buy my new shares in the last hour of trading today.

But, nope, the market perceived my plan and thwarted it. The price kept ascending all afternoon, presenting no desired, lower-price buying opportunities.

Be advised, next week I'll continue with his buying strategy; looking for a late-day sell off. If that doesn't work, I'll simply congratulate myself on how this strategy actually powers the share price ever higher.

At some point, in desperation, I'll take my new position, after which the market will then drive the share price back to around $5 or so.

No matter. In a few months I'll be way ahead with all of my AVXL purchases. In the interim, what pricing powers I have!