Anavex Life Sciences Corp (AVXL)

[blue finch]

I unfortunately just had a conversation with a health care banker I k is for many years
Many years in the banking business

He reminded me how angry I was when anavex was 2 bucks and he thinks the drug has zero chance to work
He didn’t want to tell me how crappy the company was back then and is amazed it’s selling for 15 now
I asked him why
His reply was because nothing has ever worked and if it’s going to happen it will be done by a big pharma
He thinks the retts application is all smoke and mirrors ( my interpretation of his comments )
He knows CM for many years before anavex and spoke to him recently
But it didnt go anywhere ( as far as raising money for anavex needs)

But man I wish I didn’t run into this guy because
His advice was don’t wait for Alzheimer’s sell before and take your initial money away now

I’m depressed now however smart enough to know better
I’ll wait it out here

Keep on posting