Replies to post #409750 on Anavex Life Sciences Corp (AVXL)

[LBSR TO DA MOON]

Whenever I am fortunate enough to be in a stock that nearly quadruples in price from one day to the next (as I was with AVXL in early February 2021), regardless of whether or not I think news may be on the way, I always sell at least 50% of my position (I sold 60% of my AVXL position on the morning of that spike)...especially when I am invested in a speculative type of stock (which AVXL surely was back in early February 2021)!

Let`s say you see the price move on no news, do you expect news to follow or you never do?

[Investor2014]

Of course any experienced biotech investor will sell on over exuberant price spikes, when no news drives price or some news drives it beyond its current value.

Let`s say you see the price move on no news, do you expect news to follow or you never do?

Any serious biotech investor will know what news might be expected and when. Outside that I gotta take profit when the opportunity presents itself - always no exception!

FOMO makes people less rich, not more! Understanding what you are doing also helps. But hey what do I know what people want to do with their own money.