Thursday, January 21, 2021 7:03:18 PM
This is an interesting time to follow the AVXL stock price, as it is a period of minimal variables. By that I mean, eoy tax selling/buying is over and there is no dilution now (Per Dr.M), and there is no Ana news. So from Jan1 to today, there is just 'normal' MM movement and other factors (fill in the blank with what you like). For these reasons, the chart below is only from Jan1 to today 1/21.
See below AVXL is the red/orange line. The bottom heavy blue line is Fidelity's bio tech fund (FBIOX), and the top green line is Russell2000.
Note the slopes are generally very similar, and many of the inflection days are the same. I did not expect this at all.
I dont know if Avxl is in FBIOX. Could the Buys/Sells that we have seen recently, be funds doing slight buying/selling? Slight buying/selling affects AVXL sp (>40k blocks seems to!!).
FWIW AVXL outperformed FBIOX, year to date- LOL.
Recent AVXL News
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
