Anavex Life Sciences Corp (AVXL)

[BIOChecker4]

Nothing positive that I can see at least for the foreseeable future, no.

As I have previously said, I sold 90% of my shares in the high 20s during the irrational run up to $31. I bought a new Mercedes with some of the proceeds and invested the remaining proceeds in Nvidia, where I made another killing. My remaining position in Anavex is too small to make any difference in my life. At this point I’m here mainly for the entertainment value.

I think Anavex is in the early stages of circling the drain. Once in the drain there is no going back. The stock price tells us what we need to know. I’ve previously stated why I say that and I see no need to repeat myself. People can blame the market makers, Adam Feuerstein, or whatever. Suffice to say I have been right about Missling/Anavex all along. All the fumbles, stumbles, goal post moving, changing endpoints, fibbing, etc., are finally catching up with him. You can only get away with so much before the party is over.