Replies to post #455662 on Anavex Life Sciences Corp (AVXL)

[ignatiusrielly35]

“Someone thinks they have a legitimate gripe and is angry about losing money.”

The odds that an actual investor just happened to contact the same ambulance chasing law firm that targeted AVXL years ago with a frivolous lawsuit are slim-to-none. You can bet that the short hedges fed this person to their friendly attorneys. It would be a good bet.

[Steady_T]

So you discount the 20,000,000 share short position that is valued at roughly $100,000,000. You don't think there are people that are working to protect that very large amount of money?

It is likely that the shorts have made enough off of their shorting over the last year or two that they have zero cash involved in the present short position. That is they could close it out at $8 or more and still be possibly $100,000,000 ahead. Even so they have have a very large exposure at 20,000,000 shares.

You may be right however I am skeptical that any financial organizations would let that amount of potential profit and even larger potential liability just ride and look in on it every once in a while.

Remember that the potential loss on a short position is unlimited. Just ask the Game Stop shorters about that.