Anavex Life Sciences Corp (AVXL)

[GrassyKnoll]

Trying to figure what is going on in Washington, I have gotten in the habit of always thinking that the logic of the public action is often the opposite of the real hidden agenda.

I have stated before that Biogen desperately needs AVXL, and just might be happy ponying up to the Hairy Doctor's demands.

But the Biogen management has two problems. It can't afford to look like it overspent to it's shareholders, and possibly the Board. It also needs a high valuation for the AVXL assets that it acquires,in order to keep it's bankers and rating agencies happy.

So maybe the poisin pill is there to attract interest from the market. Maybe it is there to entice potential to the bargaining table in a public way. Either of those actions would potentially spike the valuation of AVXL to the point which would be good for us, and not too embarrassing for the Biogen management.

Capiche.