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Thursday, November 25, 2021 5:22:54 PM
We will be more well known than J&J. In every household.
I lived on a moderate school teacher’s salary; didn’t (at the time) have discretionary funds to speculate on any new computer technology company. Had to put two of my kids through college.
On 13 January 1994, Microsoft closed at $1.69 a share. Yesterday, a share of MSFT was worth $337.91, a value increase of 199.94x. Had I a spare $1000 in January, 1994, and had purchased MSFT shares (591), today, not including accrued dividends, they’d be worth $199,704.
In two or three years, will some retail equity investors query themselves, “Sure wish I’da bought some of those Anavex shares back in 2021, when they were still cheap?”
Retrospective, “look-back” stock investing works only on spreadsheets, yielding nothing but “could have been” numbers. Most retail stock investors are careful and diligent; not jeopardizing their moderate investment funds on “way out” or highly speculative issues, especially on companies lacking any products to sell, or continuing revenue streams. This “Anavex” company surely is one of those; not a place for any investment dollars that can’t be lost. Right now, for most retail stock investors, only discretionary, can-be-lost dollars are appropriate to buy AVXLs.
But for those who have carefully taken an AVXL position, in a few years, they will look like stock investment geniuses. Today, a share of AVXL is worth about $18.99. A hundred can be purchased for $1899. In 2023, when the share price will be in the range of $100, a holding of a hundred shares will be worth $10,000. In five years, when the share price approaches $1000, $100,000.
Some, based upon their understandings of Anavex’s unique, proprietary medical science, have taken Anavex positions. We now patiently await the company’s pending ability to sell blarcamesine for one or more central nervous system diseases. For a long time, I’ve seen 2023 as Anavex’s break away year, when final recognition by the medical community of blarcamesine’s safety and efficacy will occur, with widespread therapeutic uses for several CNS diseases; with others to come.
Using only discretionary family budget funds, over many years, I now have several thousand Anavex shares, at an average cost of $2.67. When new discretionary funds become available, I’ll be buying more AVXLs. In a few years, I’ll be quiet about my Anavex holdings; will be satisfied with my early share purchases in the company’s infancy.
Or, the company will fail to gain regulatory authority to sell any of its drugs for any disease, and my Anavex shares will be worthless. Life will continue, nonetheless.
Recent AVXL News
- 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
- The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Anavex Life Sciences Corporation(AVXL) Shareholders • PR Newswire (US) • 05/07/2024 09:45:00 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/06/2024 10:03:33 AM
- Anavex Life Sciences Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before May 13, 2024 to Discuss Your Rights - AVXL • PR Newswire (US) • 05/03/2024 09:45:00 AM
- Anavex Life Sciences to Announce Fiscal 2024 Second Quarter Financial Results on Thursday, May 9th, 2024 • GlobeNewswire Inc. • 05/02/2024 11:30:00 AM
- May 13, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against AVXL • PR Newswire (US) • 04/26/2024 09:45:00 AM
- Contact The Gross Law Firm by May 13, 2024 Deadline to Join Class Action Against Anavex Life Sciences Corporation(AVXL) • PR Newswire (US) • 04/19/2024 09:45:00 AM
- The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 13, 2024 in Anavex Life Sciences Lawsuit - AVXL • PR Newswire (US) • 04/16/2024 09:45:00 AM
- Class Action Filed Against Anavex Life Sciences Corporation (AVXL) - May 13, 2024 Deadline to Join - Contact The Gross Law Firm • PR Newswire (US) • 04/12/2024 09:45:00 AM
- Anavex Life Sciences to Present at the Noble Capital Markets Virtual Healthcare Equity Conference • GlobeNewswire Inc. • 04/11/2024 11:30:00 AM
- Class Action Filed Against Anavex Life Sciences Corporation (AVXL) - May 13, 2024 Deadline to Join - Contact The Gross Law Firm • PR Newswire (US) • 04/09/2024 09:45:00 AM
- Anavex Life Sciences Corporation Class Action: The Gross Law Firm Reminds Anavex Life Sciences Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 13, 2024 - AVXL • PR Newswire (US) • 04/05/2024 09:45:00 AM
- Shareholders that lost money on Anavex Life Sciences Corporation(AVXL) should contact The Gross Law Firm about pending Class Action - AVXL • PR Newswire (US) • 04/02/2024 09:45:00 AM
- Lost Money on Anavex Life Sciences Corporation(AVXL)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm • PR Newswire (US) • 03/29/2024 09:45:00 AM
- Investors who lost money on Anavex Life Sciences Corporation(AVXL) should contact The Gross Law Firm about pending Class Action - AVXL • PR Newswire (US) • 03/26/2024 09:45:00 AM
- Anavex Life Sciences to Present at the 23rd Annual Needham Virtual Healthcare Conference • GlobeNewswire Inc. • 03/25/2024 11:30:00 AM
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