Anavex Life Sciences Corp (AVXL)

[poguemahone]

Yep, another disappointing end to what looked like a promising week of price action.

I am somewhat surprised by the stock's inability to gain any price traction. This article appeared yesterday, which supports the idea that M&A, partnerships, and strategic investments from major BPs are on the horizon.

https://www.yahoo.com/finance/m/c3581ae7-174e-3cab-bde6-c970aa386e73/amgen%2C-biogen%2C-gilead-and.html

One would think that this would add a boost to the SP of promising micro-cap biotechnology companies, yet just the opposite has happened. It does get old after awhile, the lack of any conviction regarding the SP action.

We're still waiting to hear about a trial achieving 100% enrollment. Sure would be nice to reach this on one of the trials soon.

Fingers crossed we get some kind of update next week.