Replies to post #394967 on Anavex Life Sciences Corp (AVXL)

[DoTheRightThing]

So when the results don't come out at the conference, what's the next goalpost move?

[eastcoastguy]

Agreed, nothing happens between now and then except tax loss selling and shorting. Until a small cap biotech establishes institutional support in the 60-70% range we'll be stuck with this trading. The SP will not leave the station without WS aboard. I'm a long since last May when I started building a position. I'll use these last few days of 2022 to add to that position. The JPM conference should lead to a spike in the SP. WS will use that run to buy out disgruntled longs that are just tired. Be well and Happy New Year!