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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

MERUS LABS INTERNATIONAL INC > Market is Waiting on Q3
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Post by Frostyfresh on Oct 19, 2016 10:50am

Market is Waiting on Q3

This looks like it's comfortable here, with 1.27 usually being the low. 
My thought with others was that this was going to gradually go back up to 1.80, which doesn't seem to be happening anymore. We need Q3 to be good to see this improve in the near term, but I don't think we have any catalysts to expect a great Q3 even with the lower interest rate. 

Looking forward to Q1 2017 when production has transitioned to being an expense in euros.
Comment by GoGoGoniko on Oct 19, 2016 4:03pm
I'm in  another 3000 shares today  All about James tomorrow lol haha 
Comment by Frostyfresh on Oct 19, 2016 4:24pm
I was surprised with the dip today, I think you were wise to take advantage of it. James might give it a nice little bump, and hopefully bring attention to a decent quarter bringing back the money. 
Comment by Kensin1953 on Oct 20, 2016 11:08am
Sure looks like Fund managers deciding they do not want to be in this space and are liquidating.  The graph points to eventually under a buck. Sure hope the quarterly results can firm this up. Above expectations is the only thing that will work at this point.  painfull to watch.   JMO
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