Anavex Life Sciences Corp (AVXL)

[FitzyP33]

AVXL is only undervalued right now if the company is able to successfully execute its clinical trials for 2-73 and is able to move to commercialization. That's not spin. I believe this is a binary situation - a platform play - the SR1 receptor will solve all these indications or none of them.

That's why it's so risky and why the stock is only $18 or so and hasn't been bid up to $100 plus. Better to lose $18 than $100. That's also why you don't mortgage your house and put all your savings into AVXL because there still is a very real chance of failure.

If the drug doesn't work in the clinical trial readouts the company is overvalued. I really don't think that's a complex idea.