Anavex Life Sciences Corp (AVXL)

[Gator328]

Thirty five years ago I bought a VCR for $400. Three weeks later it was on sale for $300. Timing is everything.

Was it worth $400? My friends told me no way. That their Betamax was the better product and the better value at only $250. A year later though they ended up buying a VCR.

Those who bought earlier bought into the hype but the $15 they paid may still seem cheap when all is said and done, just like the $400 I paid may have seemed expensive at time time until the competition was gone and the price went up for those who ended up having to pay twice.

I’d rather buy once at a price I think is fair and not worry about the week to week. It’s a strategy that is time tested, and valid.