Tuesday, June 29, 2021 3:46:51 PM
Many of us here know the significance of the very positive findings in both of the recent Anavex announcements. But few others do. Obviously, many who purchased AVXL shares yesterday, on the basis of the PDD clinical results, thought the share price would ascend. Today, it regressed. Newbies came in with the prospect of a day-trade. Get in, yesterday, and sell off today; take the day-trading profits.
Think of it. If a day-trader can average just a 2% gain each day, on trades like today's AVXLs, he doubles his money every 36 trading days. Work out what $10,000 then turns into at the end of such a day-trading year.
The AVXL share price, presently, is controlled by traders, not stock investors. When they see something happening (even though they have no idea of what the underlying science means) they jump in, ready to get out with a small profit. No hanging around. Day-trading.
The stark reality is this. Until Anavex gets authorization to sell a drug somewhere, for some medical indication, short-term day trading will be in control. But once the FDA (or TGA, Australian Therapeutic Goods Administration) authorizes the sale of blarcamesine, everything will change. Day-traders, being day-traders, will still be going in and out. But the majority of Anavex investors will be looking over the horizon, to the corporate financials a few years out. There won't be oscillations around a $20 bill.
The clinical data, in every regard, are extremely positive. Notice, none of the expected or usual Anavex naysayers have deliberated in any way about the deficiencies of the PDD outcomes. They can't; they are all very positive.
Key is this, those will be the base numbers upon which FDA approval will be based. If the FDA wants "further supportive data," with a next-phase PDD study, there is no doubt what those data will reveal. Authorization to use blarcamesine for Parkinson's disease dementia will happen.
But before that, most likely, blarcamesine will be authorized for Rett syndrome. The game changes. Anavex gets moderate new revenues, and its drug successfully treats an otherwise un-treatable CNS disease, presaging similar successes with PDD and Alzheimer's. The interval of Anavex day-trading will morph into successful stock investing.
A good number of years ago I determined that my AVXL positions would mature, be truly and sustainable profitable sometime in 2023. Still looks to be the case.
Day traders, we wish you the best with AVXL. We Anavex investors, taking long-term positions, will have our rewards when the blarcamesine clinical data are finally considered, allowing the sales authorization of blarcamesine.
Recent AVXL News
- Anavex Life Sciences Announces Submission of Blarcamesine MAA for Treatment of Alzheimer’s Disease to EMA • GlobeNewswire Inc. • 11/26/2024 12:30:00 PM
- Anavex Life Sciences Announces Acceptance of Peer-Reviewed Manuscript of Oral Blarcamesine Phase IIb/III Data in a Reference Alzheimer’s Disease Journal • GlobeNewswire Inc. • 11/25/2024 12:30:00 PM
- Anavex’s Blarcamesine Achieves Pre-specified Efficacy in Phase IIb/III Alzheimer’s Trial: Data Presented at CTAD Conference 2024 • GlobeNewswire Inc. • 10/31/2024 08:00:00 AM
- ZenaTech, Inc. (NASDAQ: ZENA) Software Company Acquisition • InvestorsHub NewsWire • 10/23/2024 12:03:31 PM
- Anavex Life Sciences Announces Encouraging Preliminary Biomarker Results from Ongoing Phase 2 Study of ANAVEX®3-71 for the Treatment of Schizophrenia • GlobeNewswire Inc. • 10/17/2024 11:30:00 AM
- ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management • InvestorsHub NewsWire • 10/15/2024 12:21:48 PM
- ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today • InvestorsHub NewsWire • 10/01/2024 11:00:00 AM
- Anavex Life Sciences to Present at the H.C. Wainwright 26th Annual Global Investment Conference 2024 • GlobeNewswire Inc. • 09/03/2024 11:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 09:21:05 PM
- Anavex Life Sciences Reports Fiscal 2024 Third Quarter Financial Results and Provides Business Update • GlobeNewswire Inc. • 08/06/2024 11:30:00 AM
- Anavex Life Sciences to Announce Fiscal 2024 Third Quarter Financial Results on Tuesday, August 6, 2024 • GlobeNewswire Inc. • 08/01/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/30/2024 09:20:53 PM
- Anavex Life Sciences Announces Translational Biomarker Data for ANAVEX®2-73 (blarcamesine) in Fragile X Syndrome (Major Cause of Autism) at the 19th NFXF International Fragile X Conference • GlobeNewswire Inc. • 07/30/2024 11:30:00 AM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 07/29/2024 09:21:49 PM
- Results from Anavex Life Sciences Landmark Phase IIb/III Trial of Blarcamesine Presented at Alzheimer's Association Conference • GlobeNewswire Inc. • 07/28/2024 09:00:00 PM
- Anavex Life Sciences to Present at the H.C. Wainwright 5th Annual Neuro Perspectives Virtual Conference • GlobeNewswire Inc. • 06/20/2024 11:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:30:10 AM
- Anavex Life Sciences Announces Expansion of Leadership Team • GlobeNewswire Inc. • 05/22/2024 11:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 10:01:00 AM
- Anavex Life Sciences to Present at the H.C. Wainwright 2nd BioConnect Investor Conference at NASDAQ • GlobeNewswire Inc. • 05/14/2024 11:30:00 AM
- Shareholders that lost money on Anavex Life Sciences Corporation(AVXL) Urged to Join Class Action - Contact The Gross Law Firm to Learn More • PR Newswire (US) • 05/10/2024 09:45:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:35:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 12:00:30 PM
- Anavex Life Sciences Reports Fiscal 2024 Second Quarter Financial Results and Provides Business Update • GlobeNewswire Inc. • 05/09/2024 11:30:00 AM
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