Replies to post #402217 on Anavex Life Sciences Corp (AVXL)

[boi568]

Tell you what, if the FDA gives an approval on this AD trial, your remaining five percent chance will not bestow bragging rights.

[Avx4L]

Hypothetically, if a company stated that their phase 2b/3 trial met all primary and secondary endpoints and would aggressively pursue approval got wind that another phase 3 trial would be required, then with this insider knowledge, knowing that the share price would likely tank once this is revealed, sells a bunch of shares to raise money, wouldn't that be illegal?