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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

Post by slacker101on Sep 14, 2016 8:15am
122 Views
Post# 25234983

All this buying and yet...................

All this buying and yet...................the stock languishes at $1.30 and struggles to get above $1.31. I think the insider buying is management's attempt to support the price, to stop it from droppoing further. I also don't believe something big is in the works. There is a blsckout period for insiders and all this buying means nothing is imminent.

The share price movement tells me everthing I heed to know. Nothing is happening right now. Once the insiders slow down or stop buying, another leg down is coming.
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