Anavex Life Sciences Corp (AVXL)

[BakedLangostino]

Many years ago when I was relatively new to investing I stumbled on a company that is now called Encompass Health.

I remember back then seeing the same sort of posters like Kund and ExtremelyBullish and Investor and Doc and all the others. People don't change and therefore message boards don't change.

Now this company had some serious fraud allegations and a lot of smart people with degrees far more advanced than my own were predicting imminent failure. The stock price crashed from like $40 to .40 in about six months. I bought close to the bottom.

Today the stock is around $63 and my life was forever changed by not caving into fearful emotions. Those who panic sold were left behind. Swindled by internet strangers who were seemingly looking out for their best interest out of the goodness of their hearts.

Dr. Missling said that he expects data by end of 2023. Expects. Things may cause delays and that's life. If he didn't also expect big things, it's unlikely he foregoes $1 million cash in exchange for worthless shares that do nothing but inflate his paper net worth.