Anavex Life Sciences Corp (AVXL)

[B60611]

Missling effect. Guy behaves like he wants the price to be suppressed, which leads me to believe he does. He’s going to make hundreds of millions having the vast majority of his 7+ million options below $5, and getting new ones at $10 rather than $40 will make him an extra $15 million when he exercises them. Sandra and the BOD will benefit in the same way, so they aren’t going to hold him accountable.

There are dozens of examples of this, but an often forgotten one happened back in July 2021. After SAVA and ANVS had a gargantuan run up in the weeks prior to AAIC and AVXL puttered along because it wasn’t being associated with ALZ drugs, what does Missling do? On the day ANVS and SAVA release data and are predictably kneecapped, Missling releases the potentially groundbreaking preventative ALZ news and we finally get the ALZ recognition / association we craved…..and get absolutely crushed.

Adam Fartstain is a crook, but he has less to do with the SP predicament than Missling.