Anavex Life Sciences Corp (AVXL)

[Drano]

That thing likely to work, what a laugh. Abandoned by its original big pharma developer because it was no better than the other failed drugs in their pipeline, bought for 5 million by Wall Street insiders and run up into crazy market cap -- with insiders able to exit in 90 days instead of the usual 180 days (which tells you all you need to know about what they think is going to happen).

I expect them to keep trying to run it up until they can sell, and then whammo.

In the meantime, someone can establish a decent sized position in AVXL with not too much money, and have a much greater chance of success. All just in my opinion, of course, no one knows what the future will hold for risky biotechs.