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All this OMAD talk is pushing me to ditch my OMAH routine. Just got through a (very) mild bout of covid in which I felt compelled to eat every hour on the hour - obviously sense of taste was not affected. Felt like a sinusy head cold, no fever, no sore throat, moderate fatigue. Of course my wife The Nurse had a nice suite of meds for me within a few hours of onset, which was a huge help.
...but sp can keep going
It's instructive to look back on the sp histories of some of the BP goliaths that we all hope AVXL becomes. To name just two - Regeneron and Biogen (combined MC of a 100 bil) - both experienced multiple 50+ % plunges in their formative years just before beginning the steady 30% or so yoy sp increases that we covet for Anavex.
Ok, some questions: 1. Am I happy with the last 3 weeks' sp action? A. No. 2. Have AVXL's fundamentals changed in any way? A. No. 3. Does Anavex still own rights/patents to some very serious game-changing healthcare molecules? A. Yes. 4. Is the company being pinched to any degree either financially or legally? A. No. 5. Does AVXL have a legit shot at emulating the trajectories of a BIIB or RGEN? A. IMO, yes. 6. In light of the answers to questions 1-5, do I need to obsess over current share price, despite my unhappiness with the number? A. No, no, no.
Case closed until further notice.
It has not been uncommon in my locale. There are jobs everywhere and folks that I have encountered seem willing to either 1) take a chance at finding a new job or 2) retiring, albeit prematurely, rather than take more govt orders.
In real life, almost no one quits over this.
You are wrong about this.
It's now official. I can't sit down.
There have been times over the past year that I've almost felt guilty for not recommending AVXL to friends and family. Almost, but not quite. 2022 has made it clear to me why.
Yet Biogen is up 5%???
The 18's, 16's, and now the 14's were like a hot knife through warm butter. Would be nice if I'm not having to declare how the 8's were...
My brother frequently quotes Cramer's latest nonsense. I gave up on JC around 15 years ago when he drifted away from writing ("Confessions of a Wall Street Addict" was pure brilliance) and decided, correctly, that there was far more $$$ in being the PT Barnum of stock picking than in producing thoughtfully written pieces on market movement and analysis.
To each his own, I suppose.
Better that she's smart than the opposite.
Beginning to really hurt when I try to sit down.
Hey X-man, you seem like one tough SOB...may you be blessed with healing through 2022 and beyond (the Lord has always seemed to favor fighters)!
p.s. do I recall you mentioning some time that you were a PSU guy?
I think we're primed for some sort of black swan...6 months of pps indifference and a paucity of real news after a couple of very sizable pops in the first half of 2021. Many theories have been floated here (fill in the blank - AA, TGA, early partnership, rocket-fueled Rett data, on and on); something has got to give very soon IMO. I just hope the swan is motivated to fly and not dive for some bottom-feeding morsel.
Quite the (non)visual!
I think the IBB has another 10% or so downward to go. And you know what that means for our little stock.
You seriously expected market support from this?
Well stated, gernee. While Fred Flintstone would be dazzled by the iphone 13 pro, he would be right at home with present-day drug approval process.
Ugly picture of the summer of suck foreshadowing the winter of suck?
Well, George, none of that happened. Again. Call me shocked!
Amen brother
And, in BIIB world, the stock continues its deserved descent just days after the absurd Samsung-induced one-day pop. Next stop - 200.
Good to see no EOD dive today. Hoping that the worm has turned.
IBB cliff dive continues...
The question we are all asking...
It never bodes well for a sector to begin the year with consecutive gut punches like biotech/IBB just received today and yesterday. Hoping that the data (DATA!!) release will enable AVXL to decouple from the crippled IBB.
Exhibit A: Elizabeth Holmes
Even lowly CRTX is up almost 6%, as AVXL sinks yet again toward red territory...
Falconer, thanks for this item illuminating the groundbreaking medical discoveries (and subsequent unjust punishment) of Ignaz Semmelweis. Also, thanks for taking the time over the past year(s) to elucidate the workings and effects of blarcamesine.
Sadly, the amyloid theory's persistence reflects greater cultural fallacies run amok in the 21st century (defunding police immediately comes to mind). The tragic example of Dr Semmelweis nearly two centuries ago shows that groupthink human failure is not new, nor will it be eradicated this side of Christ's return. May 2022 serve as a disinfectant for such ignorance.
I'm not one for new years resolutions (esp. at this ripe old age), but I am going to do more trading of AVXL shares in 2022. Believing the 'rich data' hype I left a ton of $$ on the table, even as deep down I knew better.
Regardless - a blessed (and prosperous) new year to all!
So the market's open tomorrow?? Nuts...
Good post, Talon, as always. I just finished reading a holocaust memoir written by a then-teenage girl who spent nearly two years under the floorboards of a house with seventeen other Jews. They all survived. Talk about a "perspective refresher."
Have a blessed new year.
LOD day, all day...
Here's to Syd
With this crazy market SAVA will probably take another 20% hit tomorrow, who knows.
My sincere sympathies over the loss of your son. I can't imagine...
My wife is a 40-yr nurse and is putting up with ridiculous demands these days, a residual effect of covid madness within the profession. She also does tons of work on behalf of nurses with substance abuse issues. Should AVXL ever reach anywhere close to its potential, I would love to donate to your scholarship fund. Blessings...
We will know this fight is won when Cramer and co. wave white flags.
The only certainly at that point is that Cramer and co will claim that they've always been on the correct side (of history? lol). That is the way of all corruptocrats.
This is what classic range trading looks like - no news and no excitement produces listless, random movement of the sp. Can't explain why yesterday looked so good and today looks so bad, but the 2-day net is typical for such periods.
There will come a day - hopefully more than a few on this board will still be alive to see it - when the time that it is taking to bring a drug such as blarcamesine to the market for terminal, hopeless medical conditions will be viewed to be as barbaric and unnecessary as bloodletting.