Replies to post #334647 on Anavex Life Sciences Corp (AVXL)

[RedShoulder]

last 5 trading sessions we have gained $4.70---and without any Pr's--news---anyone care to comment what's behind this nice surge

AVXL has traded a lot of volume and money since July 28th in a narrow band going steadily sideways.

Finally all that pressure has broke out to the high side based on several good news releases that could come any day, and buyers want to be ahead of those positive events.

I'm surprised it traded sideways that long, the stock was way oversold to keep it in that narrow band.

[tradeherpete]

I dunno, these run ups are beyond my pay grade. The simplest explanation is Anavex is running out of soon and per Dr. Missling’s projections, AG (absolutely great) news is on the doorstep.

So, buy the rumor?

With AG news does one sell, as we’ve been led to believe is a good idea?

last 5 trading sessions we have gained $4.70---and without any Pr's--news---anyone care to comment what's behind this nice surge ??