Anavex Life Sciences Corp (AVXL)

[jimmy667]

Agree 100%. I am not a frequent trader and do not sell 1/2 to trade around a core. If I sell I sell most all in tranches or called away from covered calls. I did that twice this year. Once in Febuary in the $5s very large positions the bought back in March in the $2s and then sold all in August in $5s again to sidestep this PDD event.That is frequent trading in my book I missed the $6 and $7 but will start rebuilding a position over the next 6 to12 months. I buy very slowly over time to get a good average low price buy nibbling dips. But I have held a very large position for over 5.5 years. mREITS and Oil Pipelines were just too tasty in March and April to go all back in. Not a market timer and missed selling Oil Pipelines in June sold later for a smaller profit. In all non revenue companies now to avoid market corrections due to overvalued artificially FED fueled market. AVXL looks good here and I thought it was good data and that AVXL is significantly derided after this cement has passed as in time and in emitting its objectives. All systems go... somebodies got this and I intend to rejoin for a long term investment. Sooner rather than later AVXL will follow the trajectory of my other relatively obscure favorite Arrowhead Pharma. Hockystick that longs are waiting for in AVXL are likely ... Look at a 5 year chart of ARWR for inspiration..it limped along in single digits for years before in hit the teens then made it to 60s and 70s in just a few months.
AVXL should be approaching those quick growth teen ages fairly quickly.