Replies to post #401535 on Anavex Life Sciences Corp (AVXL)

[plexrec]

"As you know, the short interest is a whopping 24%."--way too much written (attention given) here to the frigg'n short interest !! When the fundamentals are great (which they are) and the drug works (we know it does) I could give 2 shts about any short interest situation!!!One day when that news comes out re: TLR final results and 50 mg massive effectivness the shorts will krap in their drawers ! Scru all this short interest garbage (if you are a believer)!!

[Kentucky123]

Bio tech has been shorted for the past two years. Long tech short Bio. Like shooting fish in a barrel. They will flip at some point. Most people could not name 5 small bio companies. Some of these companies will be purchased while others will be successful on their own. Most will fail.
Technically AVXL has a long base followed by a major breakout to the upside and a return move inside the base. It is a setup for a sustained rise. Wycoff.

[kevindenver]

I have trouble imagining the mechanics of this type of short attack for a not-under-capitalized targeted corporation.

I completely agree with your view, don't fall for the popular retail narrative $AVXL is a victim of the cabals. We're all part of a cabal in one fashion or another.

By the way, iHub was and is still primarily a penny stock chat board, of which $AVXL happened to have garnered a handful of intelligent contributors. The penny stock companies represented on iHub are quite probably victims, but I don't believe $AVXL is in that category.

[bas2020]

The intricacies of the collusion and parties involved are not easily identifiable by design. For one, we don't know the whole motive behind it. Is it solely for financial gain by the organized cabal? Might BP be secretly behind it, funding the effort to keep the price low for buyout purposes or in some cases (not this) to destroy a threat? Spending $millions in order to save $billions is a good business strategy, albeit criminal. Sounds unfathomable to some, but we're talking big business, big money. Look how BP "influences" our government agencies and media. How else does one explain the holding of 15M short shares while price is ascending and approval imminent, unless most are hedged with Call options... or worse, phantom shares due to naked shorting and FTDs? There's also no need to cover if you know there's going to be another short attack...

I look at other biotechs with very promising therapies, a couple that have delivered excellent P3 results, along with peer-reviewed journals (one had 70 expert doctor authors) and still the price is attacked and naked-shorted down extremely low, under the cover of another Fraudstein lying hit piece.

Good to see these companies fighting back with lawsuits, using some powerful attorneys. We'll see what comes from it and if anyone does jail time. SEC does little to try to stop it... perhaps compromised.

[gbrown6332]

Good post. I agree the most likely motivation for AVXL shorts, with all the countervailing evidence of possible success, is they're convinced there's a major stumble likely in the near future. That would be a wet dream come true for them. I also suspect there's a thrill seeking motivation for some shorts who love the idea of demonstrating skill in snatching nickels four inches in front of the steam roller.

In any event, they're very good at what they do which is why a legitimate, bolt out of the blue, short squeeze is a very rare and unlikely occurrence.