MERUS LABS INTERNATIONAL INC T.MSL

this is getting interesting again.

[gibbonsj]

nice day for bottom feeding. Maybe $1.35?

[Craigbad]

I think patience will be key here. Stock is not making an effort to make it to the 20dma, it makes a half baked attempt and fails. It looks like algos are running false starts to distribute shares off the lows at slightly higher prices. Volume indicates big block sellers still looking to get out. With tax loss selling in the coming weeks, if a new 52 week low is hit it is almost always followed by

[88guy88]

sounds like a reasonable thesis....best to just let if fall over the next month or so and then catch it on the upswing...likely somewhere below the $1.35 price...likely 1 and a teen.....

[peter75]

you are totally correct,PATIENCE wherre are the big block sellers, no institutional holder has sold Remember one thing when you short People are on either side of the trade If someone sells another buys

[peter75]

nice recovery today after the pop up friday looking for a pop this week as msl gives the dec 7th date of e r elease

[Craigbad]

If the pattern holds true, the dump or short point will be around the 20dma of $1.66 then they'll run it to another lower low. Need to see a high volume break and hold.

[peter75]

can hardly wait for the shorts who bashed Msl over the last three months to come on board tonight and tell us that Msl is a loser

[peter75]

Craigbad, see what you wrote a broken clock is right twice a day no institution sold , 

[Griz_Online]

MSL is not a loser, but it's a broken stock recent action was good for a trade and that's about it. Cheers.

[peter75]

Another know it all, how much cash do they have ? Per share pal you are a fool

[Griz_Online]

Only fool is you Peter Pumper. MSL has about .40c in cash and a pile of debt. If they want to continue on the growth path they will need more cash and with a weak share price that will be more dillutive.  I don't have anything against MSL and have traded the stock but you seem to have issue with anyone that has different short term outlook than you and resort to name calling and insults.

[peter75]

ever read a balance sheet No debt 46 million in cash Thading at 8 x Take a basic intelligence course you fool Btw the cash value eequates to 1.42 per share Geez

[d_trump]

How do you figure there is no debt? Long term debt at 6/30 = $52M plus current portion of $15M And how are you calculating cash value at 1.42??  Cash balance at 6/30 = $41M, 102M shares o/s = 40 cents cash per share.

[peter75]

your not putting a value on the products they purchased  ebitda is 8x fwd earnings You have to take the debt, but you have an assett that is an offset