Anavex Life Sciences Corp (AVXL)

[bb8675309]

oldandintheway - Great Post below! Also - This stock could open at $20 - $30 at any time. Would still be very cheap at those prices. imo

We are currently at 1 Billion MC - Leader in the CNS biotech space. imo

"It's instructive to look back on the sp histories of some of the BP goliaths that we all hope AVXL becomes. To name just two - Regeneron and Biogen (combined MC of a 100 bil) - both experienced multiple 50+ % plunges in their formative years just before beginning the steady 30% or so yoy sp increases that we covet for Anavex.

Ok, some questions: 1. Am I happy with the last 3 weeks' sp action? A. No. 2. Have AVXL's fundamentals changed in any way? A. No. 3. Does Anavex still own rights/patents to some very serious game-changing healthcare molecules? A. Yes. 4. Is the company being pinched to any degree either financially or legally? A. No. 5. Does AVXL have a legit shot at emulating the trajectories of a BIIB or RGEN? A. IMO, yes. 6. In light of the answers to questions 1-5, do I need to obsess over current share price, despite my unhappiness with the number? A. No, no, no".

Case closed until further notice.