Replies to post #118133 on Anavex Life Sciences Corp (AVXL)

[polarbear77]

I would concur Nidan. And off topic, over the past two days we've seen approx 50-60% of the 10 day avg volume change hands.

Company is approx 75% owned by insiders and retail. How much of the 160k shares today were MM's selling back and forth? Not sure, but there's seemingly not many shares available to be bought/sold at this point.

Retail holders seem ready for the binary moment, good or bad. Likely many are taking a queue from the CEO that if he's buying and holding, maybe I should as well.

If large institutions or short sellers need shares, it doesn't seem they'll obtain them at these low valuations prior to POSSIBLE news over the next 2 weeks.

Just my observations.