Anavex Life Sciences Corp (AVXL)

[Gator328]

It's always been a holding game if you're an investor. If you truly believe in the company buy the dips. As much money as one can make trading -- and there's nothing wrong with taking profits at all-time highs -- there are some who are so convinced that AVXL will be the lotto ticket that produces the next blockbuster CNS drug and selling any shares under $50-$100 is premature.

If you sell 10000 shares at $30 that you bought at $3, you turned $30k into $300k. Nice job. That's quite the windfall. But if Anavex turns out to be a $20 billion company and those shares are worth $200 (diluted at 100mm float), the cost of financial security was $1.7 million. The question boils down to whether you think the lotto ticket you're holding also hits the multiplier number. I don't know enough about Anavex or CNS disease to make that assessment so I fall in the profit taking camp, too.