Replies to post #93236 on Anavex Life Sciences Corp (AVXL)

[A_Good_Day_2]

The minimum starting bid for AVXL at the point where they are right now...today... IMO would have to be $5B. That is a solid, reasonable offer for the stage they are in right now.

That being said, I think they'd be fools to accept an off of $5B right now, because in less than 2 years the company will be worth many times that amount... again, IMO.

[123tom]

of course AVXL is worth more....

That's not the reason why some traders would choose to sell shares at 6 dollars ,or 7 or any target. They decide to buy and sell, in technical trades, because they see the wall street game being played, and just like riding on a Coney Island roller coaster, price waves are sent up and down, and when they do that, it means great profit to those who can ride the waves. It means buying some trading shares at 3 dollars, and selling them at 6 or 7 , and then buying again when the price gets hammered down to 3 again, etc, or when it gets hammered from 6.64 to 4.95. or the next one that gets hammered down.
If I can buy more trading shares around 4.65,I'll be happy to take profit at 7.65 and make a nice week's pay. while I wait for the partnetship or whatever brings the investment to the extreme pot of gold,and then I'll start selling core shares as well as trading shares.would that be at 30 or 50 or 100 dollars a share,I have no idea. But I do know that along the way from here to there, we will continue to see this roller coaster game going up and down.

Folks don't Have to trade shares, they can sit back and just ignore everything, or traders can play the game and make a little money if they can ride the waves up and down.nothing wrong with it.