Today was a good day. I have owned AVXL stock for well over a year. But to stay with my investment, I have found it necessary to keep reminding myself about this: Innovative ideas have to be lonely. By definition, new ideas, in this case a completely new line of drugs, are non-consensus ideas. Anavex is attempting to develop drugs that are disruptive.
Although major pharmaceutical AZ drugs do not work, you must remember that these pharmaceutical companies are earning billions of dollars from their drug monopolies that do not work. New ideas are always uncomfortable. Non-conformists don’t enjoy the warmth that comes with being at the center of the herd. Unconventional ideas often appear imprudent. It has been easy for AF and others to be critical of the Anavex innovation.
What AVXL is doing is something that NOT "what everyone does.” Most of the other drug companies, big pharma, are doing something else -- something else that's not working. So, remember this foremost: You will never make any serious money doing what everyone else does! Nevertheless, only invest money you can afford to lose. I hope everyone realizes the risks inherent this Anavex venture.
Think about what I have said. As you should know by now, we face more than our fair share of forces that do not desire to see Anavex succeed no matter how good the science. If successful, Anavex will be revolutionary. Revolutions are not easy to accomplish no matter how badly a revolution is needed.
Personally, I remain encouraged. I am committed. Since my initial investment over a year ago, I have added along the way, including this week. I am glad I did. I would like to see Anavex succeed with drugs that work where others fail! Do be careful, and I wish you the best of luck!
