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With all these ruthless people have to lose in future profits if 2-73 and the AVXL pipeline works, precautions with their ilk seems only prudent.
OR, some member of the big pharma fraternity with a bit of vision and testosterone could leap ahead of the crowd and champion the AVXL pipeline, make Missling an offer he can't refuse, use their BP might and position to push the approvals through and make their own execs and shareholders much wealthier. But that would mean jumping out of the lock-step regime and Lord knows we can't have that...
Like waiting for the Great Pumpkin to arrive.
Hadn't thought of that...great analogy.
Does that make you feel any better?
52-wk low today....very nice work, Chris, very nice work.
I agree with your last statement - we could see even the 5's before we (ever?) see the 8's again. This action is looking a lot like the dreadful 2017-2018 period...if only we had done some trials since then that hadn't failed and had data backing them up...
For the last 3 weeks the XBI has left AVXL behind. We are in the toilet.
Shorts don't even have to get out of bed anymore. lol
Welcome back to the board, Tred. The board and the stock have been in the desert for what seems like 40 years. Hope your sabatical/retreat bears much fruit. Happy Easter, He is risen!
BPs throw #3 billion at unproven IP all the time. We should be at triple that if the market believed our results.
Preach
52-week low sp not very exciting to me.
Anavex is telling people that more information will be shared at the appropriate time.
What Anavex (Missling) has a track record of doing is telling people that information will be shared within a specific quarter or specific half-year, then failing to deliver the promised information. If that predisposes me to be considered "impatient," fine. Investors who have been with this operation for 7-8 years - knowing the science is bulletproof at this late date - have been anything but impatient. I'm not a $1249 per share guy, I think that's ludicrous, but to bob around at a $600 MM market cap - primarily because the CEO is tone deaf, a terrible communicator, and challenged by a simple calendar - is pure fiduciary irresponsibility.
Wow...an updated powerpoint. I am in awe of the amazing progress undertaken...
Hey we hit the 7's - woo hoo!
Partnership could be announced any day
that's what all the federales say...
I'd be happy with 20 bucks at this point.
I also note that SAVA is on the verge of sinking below the mystical 1 billion MC level. Another pretender being shown what's what.
Mildly amusing to me. In '21 ANVS was the undeserving hot chick with nothing serious to back up the hype. Now it's appearing to be on the Thelma & Louise route to oblivion.
Looks like it's been Annovis' turn to play the biotech baby seal role. What a shame.
A bit of paraphrasing, blue: 'Fortune favors those who sold more good news.'
I'm pretty certain we can end the day red on this news, not too daunting a task for AVXL.
By EOW it will be 4 months since CTAD.
And that was nothing but an atomic wedgie...
That sounds about right....a 50% run in one week with no material basis? Smells like a secondary to me...
Scenario 5 - "What's a shareholder?"
Peein' in the wind, Bourbon.
That's roughly equivalent to stating that wanting to get rich is a plan. lol
You make many good points, Blarc...many very good points.
You describe a goal, not a plan.
One thing about receiving a sound and bloody beatdown - it let's you know where you stand in the world. It's clear that this equity is despised by those that hold the gold.
Guess it's time to start playing 'how low will it go?'
7? 5? 2 (cash value)?
ANVS and AXXL weekly charts over the last 3+ years closely match, except that ANVS's drop from its peak is more precipitous. Both are now in the toilet.
ANVS market cap still only 20% of AVXL; share price not relevant.
Actually has gone backwards. Remember 14 bucks in 2015 (yes I know there were fewer shares back then, but MC still regressed)...and how many 'good news' PRs were there between 2015 and now?
seems like more beating until a good, meaningful news
and then the real beatings will be administered
Because it finally ended?
Don't know. Pharma has sucked for so long now I can't remember when it actually worked.
Outstandingly weak performance today.
Shocked and appalled - AVXL getting killed on a Monday morning....well I never!
Well that's encouraging.
I wouldn't think of speaking for Bourbon, but I share his sentiments on the broad topic of Anavex... and I agree that 'he [Missling] isn't perfect but not everything is his fault.' It seems to me that strategically releasing pertinent portions of data (50 mg dosage, anyone?) would add some life to the share price - maybe not $50, but how about $20 for starters - which would enable the creation/sales of new shares at a much higher price than recent, which would facilitate more resources to deploy, leading to quicker achievement of NDAs/approvals/revenues/desperate people being helped, etc. Is Missling's head down so much that he can't even entertain such a strategy?
I realize that most of his PR's and public appearances have resulted in share price bludgeonings, but it's time to take the initiative to counteract the effect, as in being expertly prepared for public appearances so as not enable AF to shoot fish in the barrel as he's gotten used to. As far as "we got this," I look at my brokerage statements and....I ain't got this. Yet.
True. The market in general however will not like it if/when CS goes under.