Anavex Life Sciences Corp (AVXL)

[jimmy667]

Excellent point. Also with three years of cash runway Anavex can halt sales of stock for two full years allowing the share price to gradually rise further disuading short sellers and when they do sell stock again, if ever, it should be at a much higher price.
Also it is not without precident for a pre- revenue biotech to approve a share buyback when they are flush with cash to counter short sellers. Without sufficient cash that shield is not available but rather at risk of shorts gaming the cash raise cycle.