Anavex Life Sciences Corp (AVXL)

[Gator328]

Here's the thing. As much as I want to see AVXL succeed, I want it to succeed on its own merit -- not because SAVA failed.

And for what it's worth, I think this SAVA news is a glorified hit piece. AVXL has been subjected to them for years. What makes their hit pieces valid and the ones about AVXL invalid? Seems like a lot of confirmation bias going on there for AVXL investors reveling in SAVA's red day today.

This could just as easily happen to us in the future. Anyone can file a citizens petition. And if SAVA were as bad as advertised, it's highly unlikely the FDA would have granted an SPA. The timing seems suspicious.

No position in SAVA but I have a feeling this is a non-event in its long-term price chart, and a potential buying opportunity for those who do believe in its drug platform.

AVXL is still probably the better value though.