Woah!
“Let’s have a hypothetical situation where you go ahead and rid yourselves of Anavex stock.
Where oh where would you reinvest your money?”
If that is not a reason why retail investors can lose their shirt, I don’t know what deeper level of unawareness, lack of imagination and curiosity could be worse.
Don’t get stuck with just a single great sounding biotech story and put all your money in just one stock for years.
If you want to invest in biotech, there are so many to research and consider investing in. Don’t focus only on CNS, unfortunately there are many other diseases and companies working to address them.
Some may give a more modest return when they succeed, than say Anavex might. Make your portfolio is balanced in terms of risk and by all means include Anavex and other potentially big payoff risky ones as some fraction of portfolio maybe with some carefully considered overweight.
Never let one flop wipe you out because you focused on how rich a WGT stock is bound to make you!
Be careful out there!
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