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Re: plexrec post# 365585

Friday, 07/08/2022 11:31:08 AM

Friday, July 08, 2022 11:31:08 AM

Post# of 459928
Plexrec, as to my investment in AVXL, I first got involved in late '20 and tried to get a feel for the stock as I learned more about the company last year. I traded some, and I don't think my position ever exceeded 5,000 shares. This past spring when the market seemed to provide an exceptional opportunity I purchased a quite significant amount of shares at an average price in the low $10 area.

While my background has been in the investment business, the sector hedge fund I founded and ran for a couple of decades had absolutely nothing to do with Biotech. Given that, I very much respect and appreciate the contributions by falconer and others to my understanding of the science involved here. I do find Anavex to be a very unique opportunity - not without risk, of course - and watching its progress over the last year has given me increasing confidence that they really have something special here. Best of luck to all the AVXL investors (and, yes, to the traders too, who add liquidity) and, of course, to the millions of patients who hopefully will be able to significantly benefit from the Anavex drugs across a wide spectrum of CNS conditions (and beyond?)...
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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