Anavex Life Sciences Corp (AVXL)

[Anshu2]

Things take time, yes, but it’s prudent to recognize the obvious too.

CM hid/lied the truth in December 22, when he claimed that the trial met all primary endpoints with statistical significance.

The WHOLE WORLD (except for a handful of blindfolded, mostly here on this board) saw it —- stock is at $9 (that’s the proof that whole world saw it).

CM himself confirmed it in many ways:

1. Complete silence for 5-6 months, not answering any of the obvious discrepancies and critiques on the data.

2. Deciding to go AA, rather than full.

Being consciously blindfolded is still better than not realizing that one is being blind to the obvious.

Investment (holding vs selling) is a somewhat independent decision. In spite of the above, I decided to hold for multiple reasons: (1) $9-10 seemed low point, (2) Short-term, it showed strength at various points, (3) The long term windfall can still happen — from Rett and otherwise. (4) IMO, even with a failed P2b/P3, the company is worth acquiring for $15-20.