Anavex Life Sciences Corp (AVXL)

[Gator328]

I didn't say buy now. I said if there is a drastic decline where the S&P or XBI drops 20% or more, Anavex will most likely see its share price drop at a proportion that is out of whack with reality and an arbitrage situation exists. When systemic and intrinsic risk are out of sync, Anavex would have the opportunity to buy back shares at say $5-$7/share.

If Blarcamesine works, you don't think they'd be able to re-issue those shares a few years from now for $50? Maybe more? Seems like a good use of corporate funds. If they get approved we already know they're going to partner for Alzheimer's and the revenue will be more than sufficient to advance A371.

My suggestion has nothing to do with propping up the share price.