Anavex Life Sciences Corp (AVXL)

[boi568]

I think it's clear that Anavex was not expecting this. The FDA meeting was going to boost the good news from the EMA.

I am not selling. Aside from the against the odds possibility of a successful EMA re-examination and/or a success with the FDA, I am convinced that this drug, by pre specifying the ABCLEAR3 group in a new trial, will easily succeed in a new trial. It may be by Anavex or it may be by a company that has acquired Anavex.

Unless we see an unexpected regulatory success, I think Anavex will need to sell out or partner in the near future. Stockholders will still make money here. Just not nearly as much.