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Re: Investor2014 post# 406679

Friday, 03/10/2023 5:32:37 PM

Friday, March 10, 2023 5:32:37 PM

Post# of 458743
I did call Anavex in the wake of what was occurring today and affecting their stock. The Spokesperson that I spoke with felt that some might believe that their company might be invested in SVB. The answer was Anavex is not. The Spokesperson also reasoned "that cash is tight right now", the Federal Reserve is working to control inflation and raising interest rates ... some investors or, potential investors are waiting on the sidelines waiting to see what happens. The company is very excited that Dr. Jin is on board. "Imagine if he was here 2 years ago?", was a question offered by the Spokesperson. I responded that "That would have been a WoW, WoW, WoW !!! and now it's just a WoW !" The Spokeperson didn't disagree and, laughed at my response comment.

CPI & PPI next week & Federal Reserve to decide whether to increase rates by 25 or 50 basis points.
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