Anavex Life Sciences Corp (AVXL)

[sokol]

Yes, this is a long term speculation, but I have learned the importance of maintaining a position because you never know when sudden news may develop. Expect the unexpected. Once news breaks, it is generally too late to act to catch or avoid the big move that will come. Between now and the big news, negative or positive, you may trade the swings if you are skilled at doing that; however, I think one must maintain a position, at least a core position, to speculate on a big move down the road. I do think the odds of Anavex obtaining some sort of approval for some drug for some indication are much better than a one trick pony biotech, but this investment is a high risk investment for number of reasons. I have a substantial long term position. If I lose everything I have invested, it will be a big disappointment, but it will not change my lifestyle one way or another. Actually, even if this investment is hugely successful, it will not change my lifestyle. At my point in life, any benefit I gain will help others. My satisfaction is that I enjoy being part of various things that benefit society. I have had a good long life, and I am thankful for that. Win or lose, I believe I am always better off for trying.