Replies to post #237275 on Anavex Life Sciences Corp (AVXL)

[anders2211]

My thesis rests on the principle that a LOT of AVXL investors who have been in the red for many years are now green, or very close to it, and are going to take an opportunity to sell for a profit with excess shares and ride the rest for free. How many here feel a bit "overexposed" simply from buying too high initially and then averaging down? It is logical to not want to risk so much in what is still a speculative outcome, if you can now sell those excess shares and ride the original amount for free or close to it.

There are of course investors that are seeing there investment turn green now. Especially those from the $ 6,5 $ 5,5 zone. However, the conclusion you make that they will sell now, no less in the prelude of the most important year so far for Anavex, that is the part I'm not buying. Why now that the numbers are green and in the prelude of a good ROI coming 2 years throw that all away just because there is break-even? That would equally mean that many here don't believe that Anavex will outperform the coming year and therefore decide let's sell as long as I'm break even. Investors who have the luxury to sell and still have a good portion for free... Those shareholders don't have the selling power to drive it to below $ 4.

So no I don't believe the SP will fall below $4 UNLESS there is a sprinkle of bad news like delay in PDD readout