Anavex Life Sciences Corp (AVXL)

[Gator328]

Five years ago there were a few traders who used Adam Feuerstein to attack the stock. Those guys have all moved down. Anavex is trading exactly where it should be for an experimental drug with zero revenue and nothing that’s been approved yet. There is little demand for it right now because there’s no immediate path toward profitability. But there is absolutely no evidence that a cabal exists and is deliberately dropping the stock price in 2021. None whatsoever. Supply and demand however are forces at work. Currently the market makers have excess supply they’re trying to move. That’s going to suppress the price for a while. The next time there’s good news, demand will increase again. Basic economics is a much more likely explanation than unsubstantiated conspiracies.