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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 Sep 18, 2015 10:49am
304 Views
Post# 24115617

RE:On watch

RE:On watchBe careful. There are some underlining factors to be aware of. If the rumors are true and there were a couple of blocks of stock for sale for which there were no takers for a cross trade these shares will likely come to sell on the open market and put alot of the pressure on the stock. There is a black cloud over management after the last quarter and bay street is impatient with no acquisition. The trend has tried to reverse many times but it has not succeeded. There may be much better prices to come. Rumors are rumors, so take them lightly, but the market seems to be telling a story worth listening to with lower highs and lower lows.
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