Anavex Life Sciences Corp (AVXL)

[tootalljones]

bottom line here is the market assigns a price of roughly 8 to 9,5 to this stock, whether any of us like it or not. That is the deal, given the fundamentals of the country. and I do mean country.
If the FED liquifies everything an dumps rates in the late summer, the stock might jump a buck or so, maybe a tad more. IT will go with money availability. Conceivably after this next quarter point rise in two weeks, if the FED convinces the SickoFats that it is keep rates elevated for the rest of the year, then you should expect the price of Avxl to move down to its lower channel and retest the lower 7 in the back end of this year, with a serious, for the time being, FED.....
if on the other hand, they actually release a serious drug trial result without obfuscation, like Vktx did a week ago, you could see the share price go from 8.9 to 25 overnight or within a week. This can happen easilyl...indeed, you can wake up one morning and find you avxl holdings at 39 bucks a share if they release a properly conducted test. And they tell the truth....about the results. So this can happen, it all depends on the company. Who is tossing and swinging the balls of anavex and its many trials. Good luck you guys. I had viking but chickened out; in fact I had it at 1.10 about five years ago, and this would have been almost a 20 bagger ,but I quit, I phouckwed up....so hang in there. You will get a clean result here soon enough and the stock will go to at least 38 or 39 bucks a share for openers.