Anavex Life Sciences Corp (AVXL)

[frrol]

I'm basing that on the interim results, per the company in July: "Preliminary measured Mini Mental State Examination (MMSE) and Cogstate scale changes are consistent with the observed trend of the [P300] effect." The interim P300 results were quite strong, and looked to potentially be statistically significant (8 out of 10, and with an average well above baseline) for the full set of final figures of the 32-patient cohort. This turned out to not generally be the final result.

So: "not bad", in my opinion. Good would have been that they did indeed turn out to be indisputably consistent.

Guys, this is my opinion. And perhaps the opinion of others in the market, who appear to have inferred correctly from the wording of the abstract. I welcome everyone else's opinions, and respect them if well-reasoned. And I respect market reactions. A market is economic democracy. The stock is not going to zero. The results were not "bad." There is hope for 2-73. And 3-71!