Anavex Life Sciences Corp (AVXL)

[LakeshoreLeo1953]

Hard to argue with the general sentiment. However,

Convinced Brother-in-Law prior to departing Austin this AM,
to give it a shot. (MUCH more money than I).

Hard to figure on the road if/when he may have filled today.
Certainly a similar entry to mine, but without the interim loss.

I am more comfortable with the 2018 gamble on the likelihood of trial results
than the GO-GO of October 2015.

Even with a conservative 9-12 month trial confirmation/failure
as Investor would say.....risk reward equation is acceptable.

IMHO....even with the stated strategy of dilution....high to mid 2s is
floor. Mine....$2.93 on certain math. My risk profile is worth the
infamous average down @ $2.93-2.84.

Can't make Memphis let alone a fortune in AVXL today. Dodging Thunderstorms is about as risky as the price action lately.