Anavex Life Sciences Corp (AVXL)

[falconer66a]

Oops. Unchecked exuberance.

You probably meant $1249, not $1849....

Yes, thanks for that correction. $1249 has been the iconic AVXL share price so often posted and suggested for when blarcamesine gets approved and generates corporate revenues. We all need to be precise in these matters, of course. I was too high in my recollection of the number.

But for me and my several thousand AVXLs, purchased in smaller quantities over many years, there can be only one of two outcomes. Blarcamesine may fail all of its human trials and I'll have lost all of the dollars I've spent over the years accumulating my position. That will cause no economic hardship for me. My Anavex shares were all purchased with discretionary dollars in my annual budget. Nothing was compromised or jeopardized with their acquisition.

Or, because Anavex science will prevail Anavex will attain to some degree the successes I've calculated and projected. I and my estate will be worth real millions. Ethically, that's pretty sobering. Wealth is the undoing of so many.