Anavex Life Sciences Corp (AVXL)

[bas2020]

The answer is simple... the price is controlled by the WS mob: HFs/MMs that work to manipulate the price of many stocks to maximize profits via created volatility. At this point with AVXL, leading up to approval, they and their institution buddies, will continue to manipulate and suppress the SP in order to shake loose shares and allow themselves to accumulate on the cheap. Their mission is to create a counter intuitive "reality" that creates FUD in retail holders' minds, causing them to sell.
To be a successful trader, one has to anticipate their moves and trade accordingly. Otherwise, one just needs to hold and accumulate lower.