Anavex Life Sciences Corp (AVXL)

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Right Dec 2 was the day after the late breaking CTAD presentation when investors reacted to the presentation Dec 1. It was a volatile day but people spent most of it scratching their head trying to interpret the presentation and ding their own math. Dec 5 was the non-clarifying conference call that upset Wall Street as much as me. .

A sell off occurred November 28 after Missling presented the 4Q earnings call with nary a mention of the impending presentation. Since companies usually announce TLD days to weeks before an approaching conference (then going into more detail at the meeting), I always assumed that that move on moderate but not heavy volume was due to investors right-sizing their risk before CTAD. Implied Vol was crazy high that week.

Should put a calendar in front of me next time the week is discussed