Replies to post #315737 on Anavex Life Sciences Corp (AVXL)

[baltimorebullet]

That's always been my wife's philosophy and hard to argue against.
And most on this board could easily do that.

[baltimorebullet]

I had a friend at work who bought Ford in the low to mid single digits back around '09.

A couple years later he asked me if he should sell.
I shrugged and said "why not sell half"?
If it goes down you're happy you sold some.
If it goes up you still own some.
He could not even entertain that idea in his mind, it had to be all or none.

This is also big problem with CEO's.
Thy always make it a binary decision.
Acquire or don't.
Merge or don't.
They rarely say "Let's try a trial partnership and see how that works".
AT&T is a poster child for that type of mentality.
Also common in BP.

[Investor2014]

Yes, as surely many are, I am in that good situation too and could decide to just ride it out knowing that I can't lose.

Still though, I would hate to see the increase in gain now potentially being wiped out. My experience, as in my example earlier today, tells me that the next and long awaited Rett and PDD data does come with a chance of being less great than we all hope.

In this situation I continue to balance might portfolio, although for a stock like $AVXL at this point with overweight.