Axonyx Inc (AXYX)

[bigworld]

Patience wil be rewarded. I've been out of town for 10 days and returned to see AXYX had dropped significantly since I bought more shares at $1.37. The drop in price is irrational in light of the very promising news the company reported in Geneva. Don't panic out there. Some mo-mo investors got in and then dumped. But the company has plenty of cash, and Rathoff is being careful with how he spends it. The 6 month PET scan results will probably re-confirm the effectiveness of the platform to reduce amyloid, and some memory efficacy will in all liklihood be demonstrated. I still see a nice potential upside, and I think we have a nice "floor" at @ $1.08. We should rise from here.