Anavex Life Sciences Corp (AVXL)

[Gator328]

The Dow is up 3000 points since June. AVXL is down almost $1/share in that time span. That tells me Wall Street is moving its money out of Anavex and into other stocks. If conviction for positive results were as strong as many believe, we'd be seeing Anavex's stock price rising with the DJIA tide.

We both agree that something has happened in the last few weeks. And generally speaking when something happens and its met with silence, that something is not a good thing.

The problem is that people will associate whatever happens to PDD and Rett with Alzheimer's. And that's going to create a ton of dilution if Missling has to sell more shares at .55/each. This is probably why he wanted those blank check preferred shares. People thought they were for poison pill protection and they can be, but they can also provide a lifeline if a company gets too close to its authorized share limit and doesn't want to do another reverse split.

I don't know what the future holds for Anavex. This is a situation I've never seen before in my short history of trading biotech. The data seems to indicate that A-273 is going to be a smashing success. The CEO's behavior, on the other had, seems to indicate the opposite.