Anavex Life Sciences Corp (AVXL)

[McMagyar]

When you fork over $500,000 to exercise options at $10 a share.. that to me is an insider purchase. Especially when the stock is AT $10 per share.

Let me slow this down for you,
Maybe I got this wongk and you may splains right & proper..

A company grants options to purchase a stock as a reward, and the options usually are good for a number of years at a certain price, a price when granted are either at market or below market, making the options a value to the employee and a cost to the company.

It’s called an incentive .. see how that works?

Now a rational person would wait until his options to buy 50,000
Shares at $10 was making money, a RISKLESS transaction.. they would exercise their right to buy $10 stock when anavex was at $50 per share.. see? Get it? They would be ahead $2,000,000 before they came up with $500,000 to exercise thur option!

But our insider put up $500,000 at a value of $500,000..

I think we will see more insider buying because I consider exercising options when share prices is at exercise price insider buying.