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MERUS LABS INTERNATIONAL INC T.MSL

"Merus Labs International Inc is a specialty pharmaceutical company. The Company acquires and licenses novel pharmaceutical products."


TSX:MSL - Post by User

Comment by Craigbadon Feb 14, 2017 8:08am
233 Views
Post# 25841392

RE:RE:merus labs

RE:RE:merus labsThis stock still amazes me. It looks cheap lately, I covered at $1.50 long ago thinking it was reasonable at that level and have been tempted to go long around a buck as it looks cheap on a cashflow basis. Would be nice to see them have a reasonable quarter, but the net loss just keeps getting bigger. Even with the increased sales and ebitda the net loss increased over 600% over last year. Its hard to see the savings from the long delayed manufacturing being enough to right the ship. This management team has totally destroyed shareholder value and enriched themselves. Hopefully the market treats you well today, can't be a whole lot of big sellers left and JH must be due to make this a top pick again soon.
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