Replies to post #377792 on Anavex Life Sciences Corp (AVXL)

[abew4me]

True. But the last time we had a manipulated price run up, it was based on no news to support it...and thus the price fell back down to earth.

If however Anavex releases TLD with great results, this would confirm the S1R MOA...and I would expect the price to go north of $30 with a solid foundation around $20 - $25. (But hey, that's just my opinion)

I know a lot of investors got burned with the NWBO run to $1.70 expecting it to maintain its value; unfortunately AF released a hit piece on them and the price fell back to .65 cents. It's been floundering at that price for the past several months.

Bottom line: Know your risk levels and invest accordingly!