Friday, September 16, 2016 10:46:04 PM
Granted, Anavex stock share price has performed poorly since July, and Anavex appears to me to be long due oversold. That is not to say that it has bottomed for sure. Extremes may be overdone.
However, Anavec is not about to go to O or belly up as some bears or shorts have casually suggested. The science behind the Anavex drug product pipeline is sound, and all of its of various drug candidates remain contenders for treatment of serious diseases some of which have potentially blockbuster market status (sales in the billion dollar range).
Shorting this stock is long on the tooth. There is plenty for shorts to fret about.
For a partial list of some things shorts/bears may worry about regarding Anavex, please see: http://seekingalpha.com/instablog/2635921-hessmessinc/4916745-anavex-life-sciences-potential-catalysts
1a. ALZ outside funding/partnership
1b. Breakthrough Therapy Designation for A 2-73
1c. PK/PD data for 12 and 26 weeks
1d. PR regarding the start of P3 ALZ and first patient enrolled
2a. IND Approval for Rett Syndrome
2b. Rett Syndrome outside funding/partnership
2c. Start of Rett Syndrome P2 with first patient enrolled (slightly bigger catalyst if a pivotal p2)
3. More longitudinal data from ALZ P2 extensions
4a. IND Approval for A 3-71
4b. Outside funding/partner for A 3-71 Phase 1
4c. Start of A 3-71 Phase 1
5a. IND Approval for Fragile X - Autism
5b. Outside funding/partner for P2 in Fragile X - Autism
6a. IND Approval for Infantile Spasms
6b. Outside funding/partner for P2 in Infantile Spasms
6c. Start of Infantile Spasms P2
7a. 2-73 Preclinical Parkinson's results - Page 85 c.ymcdn.com/sites/www.wpc2016.org/resour...
7b. IND Approval for Parkinson's
7c. Outside funding/partner for P2 in Parkinson's
7d. Start of Parkinson's P2 with first patient enrolled
8a. IND Approval for Epilepsy
8b. Outside funding/partner for P2 in Epilepsy
8c. Start of Parkinson's P2 with first patient enrolled
9a. IND approval for MS
9b. Outside funding/partner for P2 in MS
9c. Start of MS P2
10. 3-71 Preclinical Parksinson's results
11. 1-41 Preclinical Depression results
12. 1-41 Preclinical Stroke results
13. ODD for other indications
14. Dismissal of Lawsuit
15. Increased institutional investing
Moreover, in the coming week there may be near term developments to be reported. For example, there is the conference this next week sponsored by Mizuho Securities in Boston and the Parkinson's Conference in Oregon as well. All just around the corner.
For the Parkinson's Conference, see this: http://www.wpc2016.org/search/all.asp?bst=Anavex
And for the Mizuho conference see this: https://www.mizuhoamericas.com/who-we-are/events
Yet, there is more to come. We do not know what will come. It could be good news or bad news on an Anavex drug for a particular use, but Anavex has possibilities for a number of drug treatments or applications. Anavex is not a one trick pony, and none of its drugs have been disproven. Despite all the negativity in the last 8 or 9 weeks, it is far from over from over for Anavex as many have so quickly jumped to conclude, and it is now time for the shorts to worry. The shorts have had a good streak, but that could abruptly change for a lot of reasons -- only some of which are mentioned above.
Recent AVXL News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 10:01:00 AM
- Anavex Life Sciences to Present at the H.C. Wainwright 2nd BioConnect Investor Conference at NASDAQ • GlobeNewswire Inc. • 05/14/2024 11:30:00 AM
- Shareholders that lost money on Anavex Life Sciences Corporation(AVXL) Urged to Join Class Action - Contact The Gross Law Firm to Learn More • PR Newswire (US) • 05/10/2024 09:45:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:35:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 12:00:30 PM
- Anavex Life Sciences Reports Fiscal 2024 Second Quarter Financial Results and Provides Business Update • GlobeNewswire Inc. • 05/09/2024 11:30:00 AM
- The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Anavex Life Sciences Corporation(AVXL) Shareholders • PR Newswire (US) • 05/07/2024 09:45:00 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/06/2024 10:03:33 AM
- Anavex Life Sciences Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before May 13, 2024 to Discuss Your Rights - AVXL • PR Newswire (US) • 05/03/2024 09:45:00 AM
- Anavex Life Sciences to Announce Fiscal 2024 Second Quarter Financial Results on Thursday, May 9th, 2024 • GlobeNewswire Inc. • 05/02/2024 11:30:00 AM
- May 13, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against AVXL • PR Newswire (US) • 04/26/2024 09:45:00 AM
- Contact The Gross Law Firm by May 13, 2024 Deadline to Join Class Action Against Anavex Life Sciences Corporation(AVXL) • PR Newswire (US) • 04/19/2024 09:45:00 AM
- The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 13, 2024 in Anavex Life Sciences Lawsuit - AVXL • PR Newswire (US) • 04/16/2024 09:45:00 AM
- Class Action Filed Against Anavex Life Sciences Corporation (AVXL) - May 13, 2024 Deadline to Join - Contact The Gross Law Firm • PR Newswire (US) • 04/12/2024 09:45:00 AM
- Anavex Life Sciences to Present at the Noble Capital Markets Virtual Healthcare Equity Conference • GlobeNewswire Inc. • 04/11/2024 11:30:00 AM
- Class Action Filed Against Anavex Life Sciences Corporation (AVXL) - May 13, 2024 Deadline to Join - Contact The Gross Law Firm • PR Newswire (US) • 04/09/2024 09:45:00 AM
- Anavex Life Sciences Corporation Class Action: The Gross Law Firm Reminds Anavex Life Sciences Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 13, 2024 - AVXL • PR Newswire (US) • 04/05/2024 09:45:00 AM
- Shareholders that lost money on Anavex Life Sciences Corporation(AVXL) should contact The Gross Law Firm about pending Class Action - AVXL • PR Newswire (US) • 04/02/2024 09:45:00 AM
- Lost Money on Anavex Life Sciences Corporation(AVXL)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm • PR Newswire (US) • 03/29/2024 09:45:00 AM
- Investors who lost money on Anavex Life Sciences Corporation(AVXL) should contact The Gross Law Firm about pending Class Action - AVXL • PR Newswire (US) • 03/26/2024 09:45:00 AM
- Anavex Life Sciences to Present at the 23rd Annual Needham Virtual Healthcare Conference • GlobeNewswire Inc. • 03/25/2024 11:30:00 AM
- The Gross Law Firm Notifies Anavex Life Sciences Corporation Investors of a Class Action Lawsuit and Upcoming Deadline • PR Newswire (US) • 03/22/2024 09:45:00 AM
- Anavex Life Sciences Initiates Placebo-Controlled U.S. Phase 2 Clinical Trial of ANAVEX®3-71 in Schizophrenia • GlobeNewswire Inc. • 03/18/2024 11:30:00 AM
- Anavex Life Sciences to Present at the 44th Annual TD Cowen Health Care Conference • GlobeNewswire Inc. • 02/26/2024 12:30:00 PM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM
Cannabix Technologies and Omega Laboratories Inc. enter Strategic Partnership to Commercialize Marijuana Breathalyzer Technology • BLO • May 16, 2024 8:13 AM
Avant Technologies to Revolutionize Data Center Management with Proprietary AI Software Platform • AVAI • May 16, 2024 8:00 AM