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Re: blue finch post# 1363

Wednesday, 02/15/2017 2:14:12 PM

Wednesday, February 15, 2017 2:14:12 PM

Post# of 2809
I sold AVXL but not BLRX...or a number of others. The amount of my BLRX bet is small and i know what the odds are.
Avxl spends more on admin than R&D.
They still have only one tiny study with positive results and have hyped it and milked it forever. Size = credibility in clinical trials.
I think what they are peddling is promises, hope and posturing, thus far.
The IP on their principle drug is shaky.
I don't think they're serious about bringing a drug to market.
I sank a lot of $ in it for years on end and finally got tired and bailed, as i should have done at one of the pronounced peaks.

But this proviso...If the trump admin promises about allowing promising drugs to proceed to market before they've been properly proved by current standards ,manages to get enacted...Then i'll be back in in a flash.
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