Anavex Life Sciences Corp (AVXL)

[abew4me]

"If the FDA deciders are from the gang that presented a defense of Biogen to the advisory committee, then it is a done deal

If the deciders are not affiliated with Dunn and his gang, then it is thumbs down.

The make-up of the deciding committee is the key!"
********************************************************************************

Agreed.

And because Monday is typically reserved for good news, I believe the deciding committee was indeed part of Dunn and his gang...and that's why Biogen was expecting a favorable decision.

But with all of the blowback from various entities, I think the FDA may have to punt the ball and require a second P3...which is the same as getting rejected in the eyes of WS.

If that happens, I believe Anavex and the other baby biotechs will rally big time. (AVXL could easily break their $28 high)

Timing is everything...

If the announcement is made first thing in the morning, I expect it to be favorable for Biogen.

If they withhold the announcement until the end of the day, I expect a negative statement.

Buckle up...Monday could be pretty exciting!