Replies to post #365524 on Anavex Life Sciences Corp (AVXL)

[meds4life]

Ok, no $500 ....but even $200 would put a big smile on my face.

[falconer66a]

Nope. Disappointment Not In the Picture for Me.

You will be very disappointed if waiting for $2000 per share...or even $500 for that matter.

No. Be assured, my taking of a moderate AVXL position in the last five years is not a matter that if resolved poorly (if Anavex goes bust) will cause any "disappointment" or other anxiety on my part. The dollars I used to buy my AVXLs have been dutifully erased from my costs of living budget; knew from the start that there was no guarantee that I'd ever recover their costs. Anavex Life Sciences Corp is a start-up biotech, with not a single product (yet) to sell. No revenue sources; just an awful lot of solid science indicating that drug sales will happen, when the science (of the 3 big clinical trials) is recognized by the FDA. After that, every anticipated thing comes into place ... including share prices >$2000 some years out. I can wait, patiently. I've got many good, productive things that keep my mind occupied. Not worried, concerned, or anxious about my AVXL position. Other things in life far more significant.