Anavex Life Sciences Corp (AVXL)

[Steady_T]

The FDA is not holding ANAVEX back or conspiring with BP to hold ANAVEX back.

First, Anavex hasn't applied to the FDA for a NDA so that can't be how the FDA is messing with Anavex. Second, the FDA has granted Anvex OOD designations and Fast Track designations. Both of those are big positives for Anavex. Third, the FDA has nothing to do with the day to day share price unless it grants a NDA approval and that won't be a day to day thing, that will be a rocket ship ticket. Fourth, the FDA has given Anavex a shot at a voucher that could be worth $80,000,000 if Anavex can get Rett approved.

As much as I believe the short position is playing games with the Anavex share price, Anavex is by no means a biotech with the largest short position as I posted recently. In fact the short position is relatively small compared to many bio techs.