Anavex Life Sciences Corp (AVXL)

[BIOChecker4]

Totally agree. We’ll know when the stock has hit bottom when the volume exceeds 1, 2 or even 3 million shares. With about $2 a share in cash, there’s a lot of downside risk. I don’t expect the stock to trade that low. I think the pipeline is worth about $4 a share, so I’d be a buyer at around $6.