Anavex Life Sciences Corp (AVXL)

[falconer66a]

Not appropriate.

Any chance you'd want to share what that other holding might be to the group?

Thanks, but it's not appropriate to bring into discussion other, non-related equities.

If I did, lots of posters would tell how this young company is just as bad as Anavex. It's a small technology holding company, with increasing acquisitions; all profitable. It's on the OTC (over the counter) market, but is headed to the NASDAQ. When it gets there, and with increasing operations and sales, in 2022, I'll make many times my early investment; most of which I'll then liquidate and use to take a much larger AVXL position.

Importantly, in both holdings, either AVXL or this other one, I've used only discretionary funds in my budget to make these equity purchases; after all bills and living costs have been paid. If I go bust on either or both, life will continue for me (and my family) rather unaffected.

This other company's stock price has gone up over 80% in just a week; and when it lists on the NASDAQ, will be many times that. Was very fortunate to learn of the company, study it closely, than start taking small buys early on --- like Anavex. I have very low cost basis levels for both companies; which can happen with diligent and detailed study of young companies, along with taking continued, small purchases over some time.

In honesty, I had a third small start-up that for two years I accumulated a nice position. But, things went bad for the company; I liquidated my position, with about a 10% loss --- which both Anavex and my other company have covered nicely. I'm ahead. In 2022, I'll be WAY ahead.

No trading; all long-term stock investing. Learn, consider, decide, buy, watch; then exit or hold. Working very nicely with AVXL. The average cost basis for my several thousand shares is $2.67. At today's close I had (for AVXL) an on-paper 6.3X gain. In 2023, I expect that to require a second integer.