Anavex Life Sciences Corp (AVXL)

[Gator328]

Ironically, a stock like AVXL has the best shot at bucking the market because it is still in the pre-revenue stage, which means that future cash flows are all but impossible to predict. Lots of smart people here have made projections but in my opinion they are overly simplified, and back of the napkin estimates should always be taken with a grain of salt. Financial models are very complicated and require a lot more effort than can be summed up in a paragraph or two on a message board.

All that being said, what Anavex has going for it is that the FDA does not stop functioning during a recession, nor do Anavex's clinical trials. When the time is right, hopefully we get the FDA approval we all are looking for and when this happens the stock price should go up no matter what happens to the market.

The upside may be limited though if other firms who are interested in a buyout / partnership opportunity decide they'd rather hold onto their cash.