Anavex Life Sciences Corp (AVXL)

[dia76ca]

I have invested in many small biotechs over many years as have many others on this board. I see two common issues.
One. Many of these small companies have problems with the FDA while Big Pharma sail through rapidly with very ineffective products with huge safety concerns!
Two. Many of them have problems raising finances.
In regard to the first issue, Anavex has certainly been delayed relative to the rapid approval of Big Pharma's marginally effective antibody drugs with very scary safety profiles!
In regard to the second issue, finances, Anavex has done very well.
We still need to see the peer reviewed article! (Which will be savagely attacked by the usual players!)
We still need to see some positive response from EMA or FDA!
It looks like a classic HOLD situation with potentially large gains, OR significant losses.
Time will tell!