Anavex Life Sciences Corp (AVXL)

[kevindenver]

The reality is reflected in the pps.

And in the share price of similar companies within the sector.
Biotech as a sector ($XBI) is out of favor and that situation is not going to change fast in this macroenvironment of 5% risk free yields.

Only specific to $AVXL news can change $AVXL's PPS substantially versus the index and/or the equity sector in general.