Anavex Life Sciences Corp (AVXL)

[Diamondhands45]

I always thought it had great potential. In fact I had gone all in and mAde
Every rookie mistake there was including not selling. My issue was the lack of transparency and delivery of data that Brought into question all the concerns I had disregarded previously about, size of trial, the fact that it's open, the fact that people from the pran trial were used for the avxl trial. Today I honestly have no idea where it goes because the data, power of the study( we are down to 7 people donezpeil naive) and the lack of transparency with regard to the company makes it too risky for me. I don't trade big boards so traders bought at 2.50 and sold 3.50. I did not. Dilution brings avxl to $1.80.
If you like big board bios. Keeping a substantial position in avxl seems reasonable with regard to science. 3-71 shows greater promise. But that is a long way out. And too much can happen over time. I hope that the longs are right and partnership is announced and everyone I know is made whole and then some. But objectively for me other than a small position and taking out my original capital on the first big bounce which is simply good capital preservation, I await clarity. I don't mind buying higher once that is given. Just my strategy as of now.