Replies to post #443007 on Anavex Life Sciences Corp (AVXL)

[georgejjl]

First in order to make a tax loss trade, you'll need AVXL that you bought at a higher price than you sell it at and you'll need to wait 30 days to buy back same ticker. With news coming seems a risky move. My opinion.

Short squeeze coming soon!!! You had better be holding AVXL stock then!!!

Good luck and GOD bless,

[bas2020]

Indeed. Seems the optimum times to have sold for tax-loss purposes would've been either:
a. 30 days prior to $5 (if you were Leo lucky), then repurchased at $5, or
b. around $5 and repurchased higher, 30 days later.

Not likely a smart move to sell now, having to wait 30 days to repurchase when news could drop any day, and then having to chase it higher. I think any tax-loss selling has already been done on this stock.

P.S. I say chase it higher on news, because that's a normal reaction to positive news; however, as we've seen many times, where the collusive cabal have short-attacked on positive news, behind the smokescreen of AF and MB FUDsters spinning fake narratives. So we'll have to see what the wolfpack has in store this time.

Dry powder is waiting just in case...