Folks are getting lost in the weeds with the fear mongering. Dr. De is either a physician or possessing an advanced degree in some life science or physical science. His writings are not amateur. However, he has done himself a great disservice by failing to disclose his pseudonym, and likely even forging a degree to reflect that pseudonym.
Dr. De "interviewed" Dr. Missling as part of his blogging activities. Let's hope that was the extent of it, and I am willing to wager that it was. Why were people not up in arms when Missling erroneously gave a phone interview to the low-brow financial rag, TheStreetSweeper? Inferring guilt or wrongdoing by Dr. Missling or Anavex because of his limited interaction with Dr. De is like saying Winston Churchill is a communist sympathizer, because he had tea with Stalin in Yalta. Dr. De is small potatoes, and Davis' inference that De's work contributed to any rally is insane. Furthermore, it's an absolute affront to logic to think that a CEO sitting on positive data would pay a relatively obscure blogger to "pump" the stock for short term gains, while risking alienating potential partners and institutional investors. Also of importance is the fact that, even at the height of the stock's share price, not a single insider sold, at least no Form 4s were presented, and I seriously doubt any of them desire prison.
What is happening is total spin. People are attempting to link a mysterious SEC subpoena to any possible presumed wrongdoing in order to propagate their position. Sketchy law firm PR? Must be corporate malfeasance and the subpoena proves it! Blogger gets busted? He's a compensated Anavex insider, and that must be what the subpoena's for! Anavex PR silence? They're hiding something because of the subpoena!
It's all nonsense. It's engineered to maximize short profits and facilitate cheaper buy-in at best or hostile takeover at the worst.
Here are spin-less hypothetical scenarios that may actually happen:
1. Large clinical trial data confirms clinical efficacy in Alzheimer's and/or other indications? STOCK SOARS AND COMPANY GETS BOUGHT OUT.
2. Large clinical trial data is inconclusive or negative and/or the drug is found to be harmful? ANAVEX CEASES TO EXIST AND WE LOSE EVERY DIME.
3. Corporate malfeasance or illicit trading activity is proven by actual authorities with actual evidence? SEE #2.
In conclusion, don't buy into the rumor mill or the hysteria. Melissa Davis is an author with a well known agenda. Law firms are desperate, and they and short-sellers have a symbiotic relationship. Seeking Alpha allows anybody to spout off, myself included, with essentially no credential verification. Make decisions based on actual news, actual data, and actual scientists, and for God's sake, stop the doomsday screeds and share price sobbing. Same goes for you, pumpers, with your predictions of double-digit share prices in a month with no substantiation. O_O. Now I really need some whiskey. Thank God I'm not on call.
