Ouch. Down .30 now. You might want to start with holding the gains from Tuesday before you think about $5+. I figured there would be a lot of profit taking today. AVXL was way over bought on news of the trial announcement EUPHORIA. Bottom line: it will take two months to enroll those 450 patients and then a 48 week long trial after that with NO guarantee for success. The ALZ “Slam Dunk” Cure has been a real graveyard lately. I’m content waiting for this to drop back down to the mid $2s before I re-enter. Time is in my side.
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