Anavex Life Sciences Corp (AVXL)

[Fireman02360]

Nah. I do believe negative overall market sentiment will drag Anavex with it. While I sold all my Anavex holdings in the $20s I did buy back in and holding a pretty sizable position equal to the position I sold. I have more cash waiting. Not selling in the $20s was a "fools errand" and I dont mean any disrespect to anyone who didn't. Being up over 700% in a few days from shares that were bought in 2016,17,18, is something I dont take lightly. I would have been a fool to hold. I am not a fan of FOMO and never have been and march to my own beat. I sell or buy when I think the time is right. I want realized returns, locked in, not paper. Paper gains are a heartbeat away from disappearing, as some are finding out all over the biotech sector. Right now, by DCA on the repurchase of Anavex shares is $12.34, but can knock that down considerably if we enter the $7-8 range. I am also comfortable with not buying anymore and staying put if this is the bottom. I am not here from today or tomorrow or even 6 months from now. I am here for 2022-and beyond.

-Fireman