Anavex Life Sciences Corp (AVXL)

[shub]

I'm a former AVXL shareholder, but after some years of slowly sinking, i took a harder look.
The science, which was why i bought initially, remains unproved . Management won't risk testing the initial tiny study's encouraging results with a large, properly conducted double blind study.
Talk if the big, definitive Ph 3 study drags on and on and it doesn't actually happen.
Management spends most of the money on itself and it's stock options.
They have a fine line of hope and hype that they sell to each successive wave of new investors. And, there's a chance that there's something to it...But that chance looks slimmer by the month.
I finally sold at a loss, like many others, and have slowly managed to cover most of it over the last year or so.
A measure of doubt and questioning is appropriate with AVXL
I sincerely hope i'm very wrong, and that there is a cure for ALZ here. We desperately need it.
Good luck folks!