Anavex Life Sciences Corp (AVXL)

[eastcoastguy]

Not much of a poster, been in AVXL since late 2021, have buys from high of 14's and low in the 3's. Thanks to the science types for your opinions. I have been a stockholder of biotech over many years. It's not for the risk adverse, especially small cap. Market makers will mess with your mind and fortitude to hold your conviction to the stock. The MM will short, manipulate the stock, and provide stock for big institutional investors. The lessons I've learned over the years is to know as much as you can about your company and don't get blown out by days like today. The MM and institutional investors are short a fair amount of AVXL and will do all it can not to get squeezed. TGD knows the game and though he's had his share of stumbles he's lined up some pretty good crumbs to the JPM main event. Kudos to those who trade in and out while we wait. I choose to keep a little dry powder and add when the market is irrational. Keep in mind we have a market cap under 1B. With EMA approval that will be multiples of what it is today. I can wait. Good luck trading and Merry Christmas to all!