Anavex Life Sciences Corp (AVXL)

[tredenwater2]

This is the typical 5 yr stock chart for a young biotech. Look at the high volume hockysticks. Shorts covering at an all time low and then the second would be, what, the transfer to an interested buyout entity? Next would be the buyout price of $4…?

Too funny. Look at our 5 yr chart and compare, again, its painful at $8-$10 range pre approval but the alternative is to be at $2.50 per share awaiting approval.

I like our chances.