InvestorsHub Logo
icon url

McMagyar

06/30/16 12:41 PM

#66480 RE: XenaLives #66474

ok..insiders don't hold that much stock..2-3 million..total..maybe.institutions .didn't hold 10% but maybe they do now..3 million..still almost 30 million in float..that is a lot of stock..
however..the shareholders are WELL EDUCATED due to Short Seller Cabal..
No one bought Anavex this past year without doing Due Dilligence..these are some smart cookies..that KNOW THE VALUE of what they OWN..
so ..yeah ..it may be a large Float..but it's not rolling over for $.05 cents on the dollar..Many of us will never sell..God Bless