Anavex Life Sciences Corp (AVXL)

[Investor2014]

Depends on what you paid for your shirt in first place. The $14 share price back when was at least as unfounded as $2.5 is now. Personally I booked an early 200% profit on a position similar in size to the one I hold now and haven't lost any pieces of clothing so far.

Meanwhile Missling has been moving the company pipeline forward, completed a successful P2b trial, raised money with minimum dilution and retained full ownership of the pipeline, while keeping the company debt free.

The reason for the trial delay will become clear, the trials will start with the chances of success increased in a context where the competition in AD have all but capitulated.

It can still go wrong just the way it often does in Biotech. The risk/reward ratio is one of the best I know of at present. I suspect those who still hang around complaining deep down think the same, otherwise why stick around?