Anavex Life Sciences Corp (AVXL)

[Steady_T]

Consider the average daily volume. Then ask yourself how much impact a few independent bashers on a message board can have on that volume?

I get that the impact bashers can have is on the margins and that few cents on the margins can be profitable if you are a good trader.

AVXL chart most often mirrors the XBI chart is shape, plus or minus the Beta. That to me suggests that the bashers and pumpers have less effect than the overall market.

On those times where it does seem that the share price is being manipulated, it seems to me to be the shorts doing their thing. The short position is worth many 10s of millions of Dollars. It seems more likely to me that the people doing the shorting have large sums of money available to use in affecting the share price. They have far more impact than a few message board bashers or pumpers and they know how to use careful trading to affect the direction of the share price.

My opinion on that.