Replies to post #450618 on Anavex Life Sciences Corp (AVXL)

[Investor2014]

I believe you got your first poo and clown emojis - congratulations!

[BAR123]

First off I do not believe that the company cares about retail shareholders or for that matter any shareholders at this point in time. The company has $150 million in the bank and they have no immediate need for cash so whether the price is at 5or 50 it really doesn’t matter. Secondly, if we are forced to go out and do new trials for Alzheimer’s and Rett I truly believe that anavex will not be doing these trials, and that they will be done with by a partner. That is where the major cash will come from to complete a large Alzheimer’s study. So with that said, and our stock floundering in the fives now I truly believe that if we do not get at least a phase 4 trial in Alzheimer’s with approval, then the partner will complete the p3 trial and our stock will rise significantly based on that deal. It would be great if we see a positive stance come from the FDA and allow the company to submit an NDA for approval of blarcamisine for Alzheimer’s the fallback is not so bad either. Allowing us to submit an NDA is obviously the better path and the quickest path to a fair market value for the company. But if we get our partnership, and must do another phase 3, that is not the end of the world either, as we will be propelled, much higher based on this partnership. And it obviously Solidifies our standings in the world of Alzheimer’s research.

[Kb1123]

Agreed

[plexrec]

"Missling makes it damn hard to have faith in the company."---true words--and Missling is still CEO--if he were on a baseball team he would have been "benched" long ago---nothing but "strikeouts" !!!!

[baltimorebullet]

" I will sadly reduce my position here"
You seem ill-suited for investing in individual companies.
Might I recommend index funds?

[sumbuysumsell]

Don't sweat it JJ. They had no problem with you investing in Anavex until you went against them. The bullies here will try to shun and outcast you. They feel entitled to have the whole basketball court to themselves. This might just serve to reinforce you wanting to think more independently.

Actions speak louder than words. The time for being passive has passed.

[sage4]

Fellow longs turn sour one by one and sell theirs. That's sad.
Yep, and I will say that it’s the darkest before the dawn.

GLTA

[123tom]

@jonjones... I'm feeling similar, and having added about 25% to the investment last fall, now I need to sell that in the next rally... if we get one in the coming months. Disappointing to think 2024 might be a tiresome year wallowing near the bottom, like it was doing a few years ago. I can hold my core comfortably , but only because I was lucky to buy the bottom in 2015. I hope the best for the developing science and helpful medicine for people.