Anavex Life Sciences Corp (AVXL)

[FitzyP33]

At this point I think this stock is going to $6. It has tried gallantly to hang on to a 66% decline from it's high, but it's getting weaker by the day and now I see an 80% decline like many of the other small biotechs. Right now most biotechs with no revenue, no approved drugs and burning cash are un-investable. Not based at all on what could happen, but the assumption of nothing happening. It's a great opportunity for believers.