Anavex Life Sciences Corp (AVXL)

[Investor2014]

Can't help having this nagging feeling.

That I should take lots of profit before more PDD data is released.

The $50M direct offering could have been the last time for while where Anavex could dilute on the cheap and Missling grabbed the chance in the interest of shareholders.

The PDD study was in Missling's words "exploratory" and he wouldn't be drawn on expectations. Yet what we have seen looks promising, but maybe with the full data release things are a bit tempered.

If so there will be some time between now and the AVATAR and especially EXCELLENCE trial readouts. Plenty for the stock to drop back significantly.

Anyway if I decide to take profit I will disclose to the MB. Then I can receive petty if it turns out a bad idea or alternatively not be accused of retrospective claims of 20/20 foresight, or is that hindsight.