MERUS LABS INTERNATIONAL INC T.MSL

News: Nasdaq Notice Regarding Min. Bid Price

[campst]

https://www.newswire.ca/news-releases/merus-receives-nasdaq-notice-regarding-minimum-bid-price-requirements-601555055.html

[campst]

I've grown sour on current management and their strategy(?).  While it is not my worst performer, I have difficulty in rationalizing holding. This is good news IMO.  Things (management??) need to be shaken up.  All that is required is a good activist investor..... .....but what do I know? cheers

[Kensin1953]

It's hard to argue with your logic to have a new strategist for this company.  When you look at the others in this group PLI, GUD, CXR. NHC some that have had much worse news and hard sell offs as well are responding since Trump was voted in. I can't help but have trepidaton over the reaction if they are not profitable this quarter.   The other obvious Goriila is the analysts

[Trader1972]

Well Kensin, it all depends of one's patience..... 

[Kensin1953]

Patience is what's left. NHC is up significantly. I notice they make a claim that they will take care of or will address the share price within the de-listing terms of their MSLI agreement. I hope that means beating the projections as NHC has.  JMO

[Trader1972]

We should all read this in a couple of week or so (last year they posted their year end on December 3rd). So we should expect notice in the next couple of week. Cheers and hang in their! This could be the start of something.....black earning !!!! ;-)

[campst]

Merus has 180 days to get their collective butts in gear. Here is a link which suggests 4 options and I paraphrase: https://thebowserreport.com/financial-news/the-nasdaqs-minimum-bid-price-requirement/ 1) good performance 2) good press 3) reverse split 4) buy backs Number 1 is the only acceptable alternative in the case of Merus..... ....but what do I know? cheers

[Kensin1953]

Reverse Split is total horse shite. What's out 120m shares?  If they do that they might as well tell the world they are cooked. I'll take door number one and two please. JMO

[lscfa]

MSL should voluntarily delist like cipher..... https://www.newswire.ca/news-releases/cipher-pharmaceuticals-announces-plans-to-voluntarily-delist-from-nasdaq-603540606.html

[Spidey2332]

By choice or not it's the same result. You've been singing the same song for a long time now and I'm sure not the only one bored by you. 170 ignoring you wonder why.