Anavex Life Sciences Corp (AVXL)

[Gator328]

Price could also be holding to let the insiders exit. I've seen that happen a few time. Once they get out, price drops. Same thing with the opposite -- they keep the price down low so they can load, as has been suggested on this forum many times over the years.

The truth is that nobody has any idea except for the researchers. Any discussion of AVXL is merely speculation to pass the time. Missling has proven to not have a firm grasp of deadlines, but honestly after 5+ years it seems like the only ones who are impatient are those who are new to Anavex, or daytrading it and are frustrated their cash is tied up in a dead stock for the time being.

The data is most likely in by now, unless COVID played a role in creating delays. Missling appears to be waiting for Rett datal. Either the data for PDD is bad and he hopes to mitigate it with positive Rett data, or its good and he wants to announce a blockbuster PR that the drug works for both diseases and people will naturally assume it'll work for Alzheimer's too.

I don't agree with the strategy but my guess is we won't be getting a PDD readout for several more weeks, perhaps not until the beginning of 2021.