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Bullboard - Stock Discussion Forum 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 Discussion

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Post by Kensin1953 on Aug 26, 2016 3:30pm

Not Liking

..this constant negative reporting on this sector. EPI Pens and Hillary of course having nothing to do with MSL however MSL is looking like it will trace back to $1.18   I was not expecting good things until the fall next year but i thouht it should hold it's own. MSL trades between $300,000.00 and $1 mil every day . So is this shorters and M/M making money on the shuffle? Looks like about 5% of the total float rolls over every month which is likely 15% when you take out the non traders.

IMO
Comment by Sittingbull11 on Aug 28, 2016 7:47pm
Not liking it either! After the SP fall subsequent to the poor earnings report, the SP needed to show some strength. It didn't. Even with some insider buying! I agree it looks like it will retrace to 1.18. I expected it to recover somewhat, but that failed to materialize. Often, when a stock has a sharp fall and does not recover, that is not a good sign. Any further bad news, especially a poor ...more  
Comment by kuatolives on Aug 29, 2016 2:23pm
Agreed. I owned Merus a couple of years ago @1.70 and sold for a loss before shifting that capital into other areas where I made some profit. Not sure why people hang on for grim death (which usually isn't far behind) rather than take the loss, shift their capital, and take some free capital gains. The question an investor under water on an equity has to ask himself is whether the remaining ...more  
Comment by peter75 on Aug 29, 2016 3:58pm
kuato you know many of hints after reading your previous posts it tells me you always comment after the event 
Comment by GoldBug024 on Aug 31, 2016 4:05am
25 dollars still Pete? Lol what a guy
Comment by GoldBug024 on Aug 31, 2016 4:06am
I'd wager money that this will see 25 cents before it sees 25 dollars.
Comment by Kensin1953 on Aug 31, 2016 8:13am
I would be happy to see $2.00 again. Don't even suggest $.25c  I would need to sell one of my kids
Comment by peter75 on Aug 31, 2016 9:21am
Kensin do not listen to goldbug at all this company has had hi ups I still say now instead of  two years out 25  it will be four years out they have had regulatory issues but the institutional players are buying more thats all I need 
Comment by kuatolives on Aug 31, 2016 10:41am
The company had hi-ups because the debt-fueled biotech bubble was at its peak. So did everybody else. Valeant and Concordia are probably just the beginning of a reckoning of balance sheets - they just happened to be first because they took things way too far - but Merus (and most of the rest of corporate America), have been borrowing so hard for so long at ridiculously low rates they thought the ...more  
Comment by peter75 on Aug 31, 2016 2:00pm
you can't compare merus to those two nor can you call mp are merus in 2009 to today small caps take time
Comment by gibbonsj on Aug 30, 2016 5:12pm
perhaps you don't have enough capital to be tinkering in the market.  If you have to sell a stock to buy a stock you are hooped from the get go.
Comment by gibbonsj on Aug 30, 2016 5:31pm
kuatolives: if like you said you owned this stock a couple of years ago that would put your sp in the 1.40 range. 6 Months later it peaked at 3.40 and still you say you lost money. It looks to me that you are blaming the stock for your own trading errors. Hopefully you have got better at the game.
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