Anavex Life Sciences Corp (AVXL)

[jimmy667]

Not me but I do not flip stocks I spent over 5 years accumulating. Plenty of others to flip for ordinary income tax treatment. At some point Anavex will take the steep trajectory to present fair value which I think should be $3 billion plus right now just on present developments as a Company with several registrational trials recruiting.
In December 2018 when AVXL was trading below $1.50 I liquidated my blue chips opened a soloK and loaded all into AVXL at average price of $1.37. I placed a present value of the stock at that time of $36-$42. AVXL is currently being revalued hard to guess when it happens. When the happened to another one of my under the radar biotechs Arrowhead it 5X'd in just a few months;$13 to $70 plus within 6-8 months.
Sage Therapeutics even mooned higher $30 to $180 in eighteen months. Both Arrowhead and Sage started a steep assent well before any approvals.