Anavex Life Sciences Corp (AVXL)

[imho]

I don't follow the logic that a reverse split is good for early longs. If this pipeline is indeed worth what we believe it is, I'd much rather hold onto my 55k vice hand in for 5.5k, for instance. This isn't the only drug in the pipeline, so future PPS appreciation from 1.30 to 13.00 is a more reasonable than a move from 13.00 to 130.00 to achieve an equivalent % gain. Am I missing something?

With all due respect, because I think we are all long, and want the best return from AVXL. No one is saying it is a good thing, but we are saying it is certainly NOT a bad thing, if it were to happen.

Tell Warren Buffet to forward split Berkshire Hathaway. Tell GOOG. Tell Priceline. There is a reason they want the price of their stock so high (which is what a reverse split will do).

Think of it this way. Do you want something of prestige and value to be available at Dollar General or Nordstrom's? Where do you think big money (read Big Pharma) shops?

Don't be duped by the FUD. There is nothing wrong with a R/S if management decides that.

IMHO