Anavex Life Sciences Corp (AVXL)

[Gator328]

A burger place opened up two weeks ago down the street from me, one of these new gourmet chains everyone seems to love. There was giant signage that said "Coming Soon."

Two months ago the sign disappeared. Twice a day I'd drive by and see people inside so the other night I pulled into the drive through. It took me about 5 minutes before I realized they were construction workers and contractors.

Why did the signage go away? Who knows. It wasn't replaced with any new information about the grand opening. The few people I asked didn't know anything, either. Maybe a storm blew it away. Maybe it was placed on a city-owned easement. I have no idea. But the removal of the signage and lack of the communication from corporate didn't mean the restaurant wasn't still on track for its grand opening. The drive through line is pretty much packed 24/7 right now.

The same holds true for Anavex. If the best evidence for failure that you have is that an incomplete PR was removed from the website, it seems like a lot of risk for shorts to take when the max gain is only $9/share and there are so many other companies out there with worse balance sheets and zero potential trading at insanely high premiums (see: most AI, EV, crypto and semiconductor-adjacent stocks).

I still haven't tried one of their burgers. I don't eat much red meat these days. But when I do, I'll let you know if it's worth the hype. Perhaps @MauiSmart can try one for lunch if it is.