Anavex Life Sciences Corp (AVXL)

[BIOChecker4]

I read the transcript of yesterday's earnings conference call. It took all of about 30 seconds. It was probably the most uninformative earnings call I have ever listened to or read. Also, TGD should take a public speaking course. Why does he even bother doing these calls? It's obvious he put no time or effort into thinking about or preparing his formal remarks and he was winging the answers to the questions from the two analysts and the newsletter editor. It says something about his disdain for shareholders that he doesn't care enough to put any time or effort into these calls.

I've repeatedly cautioned that the trials are going to take a lot longer and cost a lot more than most posters imagines, and that the outcomes for these trials are not assured. One thing I did glean from the call is that A273 is not going to be a miracle drug and is not going to enjoy some sort of shortcut to an early approval. Those who believes those things will be sorely disappointed.