Anavex Life Sciences Corp (AVXL)

[Gator328]

And yet look at who is doing the fleecing? Some of us have been around back when you used to post under your CTIX handle, touting Blarcamesine as a wonder drug. I read of more than one poster who trusted you and while I generally try to lead a caveat emptor way of life, I felt bad that people lost money buying into the hype of internet pitchmen/traders.

But then I think that maybe, inadvertently, you could have given these novice investors the best investment tip of their lifetime. Eight years later, here we are chugging along with a hundred million in the bank, no debt, and still under 90 million shares O/S with a P3 trial about to read out that could net an additional $100mm priority review voucher. Perhaps those who bit off more than they could chew back in 2015 and have been in the red ever since -- who would blame them for not averaging down -- might end up becoming the big winner sometime in the next 24 months? I like that ending and to be honest, I'm starting to believe that might be how this all plays out.

Doesn't make me a homer or a WGT cheerleader. I started out giving Blarcamesine about 5% odds of approval and invested accordingly. I now have the odds closer to 80-90% for Rett, and 75% for Alzheimer's. These are just my odds but Anavex is in an objectively better position today than it was back then. Dr. Missling isn't perfect but he's a big reason we are where we are.