Replies to post #390059 on Anavex Life Sciences Corp (AVXL)

[Bud Powell]

Not much of anything surprises me nowadays. Wasn't so long ago sp was a buck & some change. Back in the day, I remember you splittings hairs whether to buy or wait etc. when @ .29 Yes, 29 cents! I laughed and jumped in @ 32 ish.

[sab63090]

Hi Tom

I find it a little early to even be considering $3 at this point! Certainly, I agree with your next level of where we are now (slightly above the prior spike low on 11/30) and then towards the double bottom level around 7.50 give or take...below that level would then bring up a look at lower levels.

Of course I wasn't even here 5 years ago, but to totally ignore the overwhelming support on the weeklies at this point seems to take vision away from an important level, with the understanding that I am, too, disappointed and have been wrong, especially at 9 holding up....this level and next lower level $7.50 seem both to be critical now!!! The shorts have been not only correct, but have shown their disbelief (short position of 10 mil short shares)....so 12/9 data might help or not even though it's 10 days behind the action...it will show the position on 11/30 which was at our current price level (low that day was 8.29 with a close at 8.82)....

I'm ready to have tomatoes thrown at me!!!! lol