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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 > the reason i sold merus
View:
Post by peter75 on Apr 11, 2017 1:14pm

the reason i sold merus

merus is burning cash and their repayment plan is far to lofty
With cxr and vrx about to hold a fire sale what does one think the interest in msl assets will be
The fire sale is with the two other companies
If msl can re do their loan amourtisations it will help but I lost enough on this
I wish the longs all the best, and I hope I am once again on the wrong side of the trade
Comment by Kensin1953 on Apr 11, 2017 1:27pm
Sorry to see you go Peter. Hard to know with these guys and the Pharma in tough like it is. I'm down about half of what you lost on MSL and they are not picking up the phone or returning calls. i'm hoping it is a forced gag order pending an announcement . Either way your free of the stress. Wish you the best. JMHO
Comment by peter75 on Apr 11, 2017 3:56pm
same to you, i wish all longs well I have mae over 60k  on crh since Jan 1 and taking that as if  it was msl plus 16 k
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