Anavex Life Sciences Corp (AVXL)

[B60611]

That the SP won’t go up significantly until a catalyst in the semi-distant future. It’s an oft-repeated theme.

As I predicted yesterday:

Some of the more prolific posters will point out many times over the next several months that there are no catalysts that could raise the price until Excellency / ALZ read-outs but this is ignoring the fact that AVATAR had zero positive impact. There is no reason whatsoever the stock can’t go up 100-200% “for no reason,” which would be completely justified given the current valuation.