Anavex Life Sciences Corp (AVXL)

[tootalljones]

The IBB has had a terrific and terrifying correction, from 400 to 325. It is time to resume the bull climb higher. We are somewhere in the early innings of a tremendous bull market in biotechs. My thesis.

The tech bull began in the early 1990s (one could argue in the 80s actually but I prefer around 1993, although cutoffs are a little arbitrary). The nasdaq was around 500 or so. It climaxed in a tremendous 2 year mania at over 5000 in early 2001.

Old and older people have all the wealth in this country. They are going to spend it largely on themselves, in keeping themselves alive and somewhat healthy. (in more PC terms, in combating and curing disease.) This desire and financial capital will piggyback on the continuing advances in technology leveraged into medical technology.

Anavex fits the bill in every way imaginable to be a premiere stock in the coming mania, presuming we can remain independent.