Anavex Life Sciences Corp (AVXL)

[falconer66a]

It's Been a Wait. But, now...!

I want to believe Falconer, but my price objective needs to be somewhat less at this point...

Well, no one is going to use my amusedly-posted numbers to purchase some AVXLs. From time to time a bit of stupidity shows up here, but not to that extent.

But, if Anavex gets one of its molecules approved for therapeutic uses, any similar share-price projection will still have a lot of zeros before the decimal. At the start, probably fewer than nine in sequence; but big enough, nonetheless.

Over a period of several years, starting about a half-decade ago, I incrementally bought small lots of AVXL; always with left-over, after-bills-were-paid discretionary budget dollars. Investments, actually. Today, if Anavex goes bust I'm not financially hindered. But if blarcamesine gets approved for either Rett syndrome or Alzheimer's, I will be very "comfortable."

Were I starting today, knowing what the science tells me, I'd start to take a small AVXL position. Others like the thrills at the machines in Los Vegas. Others get excited when someone in the neighborhood collects a few hundred bucks in the state lottery. Knowing the Anavex science as I do, I'd bet a bit on the company's equities. But I'm not starting. I'm well-in already. Good things starting to happen. Way back, I felt that 2023 would be the first pay-off year for Anavex. It's been a wait, but the Anavex ship is now afloat, will start to sail soon.