Anavex Life Sciences Corp (AVXL)

[rocalinda]

I kick my self for not buying google, Apple, Amazon, Netflix, Nvidia, etc. etc. when they were in their teens….Oh, wait a minute, I did own all of those but, with the exception of Apple which I still hold, I just sold them way too early. Not making that move with AVXL.

My Anavex exit strategy is to sell 10k shares starting at 50, this will represent ~5 times return from total invested, sales of 10k shares there after for every 20 point rise in between for a total divestiture of 50k shares. The remaining 30k share balance will be left to my heirs and I expect they will be able to pass some to their heirs as Anavex enters the realm of those companies mentioned at the beginning of this message. I expect the time line to execute the first part of my exit to be within the next 3 years. Hopefully the 2nd part will not complete for another 20 or so years, or perhaps longer based on 1 daily capsule of A-273 starting in 2023.

If this sounds like bragging let me assure you, that is not my intent. Just providing some food for though as I believe every investment we make should have some sort of strategy behind it. holding till death being a valid one. Complaining about $ava and other higher PPS stocks not a good one.