Anavex Life Sciences Corp (AVXL)

[BIOChecker4]

Chasing AVXL lower and lower as an investment strategy has surely been a disaster for some folks here. Longtermbeliever, for example has claimed many times to be buying tens of thousands of shares at a time. bas2020 has also stated many times over the past several years that he and his investment group are “putting dry powder to work” to the tune of tens of thousands of shares. Their collective losses must amount to high six figures if not seven figures. I once knew somebody who bought tens of thousands of shares in a company like Anavex and brought his family, colleagues, and friends into the stock with promises of riches. He even took out a second mortgage on his home to buy the stock. When the stock finally collapsed, he lost his job, he lost friends, and he had family members who would not talk to him. He even had to change gyms because he told all his gym buddies to load up.