Anavex Life Sciences Corp (AVXL)

[Gator328]

The logic, for the poster who asked, is that Anavex is a binary gamble. It doesn't have any other revenue generating assets and it's putting all its resources into A273. So, if A273 doesn't work, the stock goes to zero. If it does work, the stock price shoots up.

I said $50 because I am conservative. Others believe the value of an AD drug is significantly higher and BIIB sort of shows that today.

So by saying it hits $50 it goes to $500, is saying that if it works, it's going to be worth a LOT. Whether a lot is $50 or $500 is a topic for another debate.

My initial point regarding the Steelers is that with all their offseason moves, they're not favored to win the Super Bowl. But, the team has a history of winning so I wouldn't bet against them. Similarly, ALZ drugs have a history of failing so I wouldn't bet on them, but one is going to be the next SoC and AVXL has as good a chance as any.