I would like to know which "world class" investors have taken the performance of AVXL as adequate positioning for the imminent "time will come"?
Was it $14 after listing run up? Definitely Not. Was it $7 upon listing? Probably not. Was it crossing the $5 barrier and certain trading restrictions? Don't think so. Perhaps it was the recent $1.85 low? At least the time value would be better than $.45 pre listing.
Bottom line.....AVXL as anointed by WS has not been a very good long term investment. Makes one wonder why trading the stock is held in so much contempt in some circles.