Replies to post #322987 on Anavex Life Sciences Corp (AVXL)

[peeved]

that is never the case unfortunately. It acts as support but they know everyone thinks that so they can easily take it lower to see who bites.

[mrplmer]

Agrèe Phil thats normally the case. I doubt Blackrock will let someone take it back to $15.50 to close gap. Fidelity comes in big it will drop. They are famous for that. Bad p/r drop then bear raid and then two weeks later initiate coverage at a buy.