Anavex Life Sciences Corp (AVXL)

[RedShoulder]

It is going to take a surprise PR of a partnership with very deep pockets in cash for either AD or PDD/PD to break the shorts hold and force covering. A partnership with a major pharma will have the influence in the market and a big cash up front payment to join Anavex in marketing either AD or PDD/PD. The news will be a big event and get much more news coverage and major size buys than what Anavex is now getting.

Missling has stated that they have been approached for a potential partnerships. That could come any day; and Mayo also posted recently they are very close to signing a deal as there have been a several big pharma's that are interested in partnering.

The fact that the way the shorts are sitting on todays good news and pushing the SP down on better than avg vol may make Missling sign up a partnership for either AD or PDD/PD to break the short stranglehold earlier than he had planned to partnership.