actively trading these days
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We go up today. I say 6.5%.
Well, my son-in-law, who has worked for numerous big name firms on Wall Street for about 30 years, bought ELTP yesterday. He has always laughed at me for my OTC picks, but he has done his DD, and he sees the value here.
Is OTC Markets Level2 out today? Mine is.
ELTP is #6 on Most Read iHub boards!
He is a very critical guy who thinks that all OTC stocks are garbage. So we will see.
Thanks. That helps. My son-in-law, who works on Wall Street, has questions.
Question: to whom, exactly, does ELTP sell its drugs? One filing of theirs says they have only two customers. But who are they? Distributors, drug store chains, etc.?? TIA.
Looks like we break $.30 today. IMO, we close above that level. I sold 20% of my holdings yesterday. Now, deciding what to do today.
If we can break $.30, that would be huge psychologically, IMO.
If we can close even slightly green or even, I will consider this a good day, after yesterday's rise.
The fact that we are holding this gain throughout the day is amazing and unusual.
I think it was that very positive article on Friday.
Wow! Just wow!!
Looks like we move up today. I'm thinking we end up with a new base in mid-20s by end of week.
This might explain yesterday's volume.
No shorts, never was, never will be.
OK. But why all the volume today?
Is there news re Dexcel and ELTP?
I have been trading/investing in OTC stocks for 20 years, but I have never, ever seen financials as good as ELTP. Just a matter of time before it explodes.
It must be anticipation of good news re revenues this coming week.
Couch did not pass. But he got kicked off of iHub, and I'm not sure he ever came back.
I still predict that we hit .25 this week.
I guess we are moving up ahead of the CC. We might hit $0.25 this week.
I did not know the market value of these drugs. Thought they were puny like many of the rest.
I'm not sure of the significance of these purchases.
Thank you.
Did we get some news in the past few days? I don't see any.
Jeff has responded promptly to many emails from me over the years.
And, it's over.
Yep, that is what set me back.
Did you go back 10 years or so? I am pretty sure I have experienced two RSs.
I averaged down way back after a reverse split, but not for a long time. Didn't we have a second RS along the way? I have been here for years.
This is great, but I have been here for so long that I need a dime to break even.
Can someone explain today's bump?
That sounds reasonable.
Very nice summary. Thanks for that.
I have so many on ignore here that I often go 80-100 posts that I don't see at all.
I have contacted the broker off-shore where you can short OTC stocks. But you have to put up $2.50 for every share you want to short. No one in the world would do that. Do the math. So I am sure there is no real shorting of this stock.
No. No shorting on any OTC stock. But I'm tired of debating this topic. This drop is simply a person with a lot of shares or a small group selling to cause more selling, and then they buy back cheap. Happens all the time. Common strategy.
And one other thing. I was here when the last CEO was in place. And Hakim is an order of magnitude better, regardless of his dealings with Micah. I know you did not touch this topic PS, but I thought I would put my thought here.
I agree. I'm at 500,000 shares at $.09. Not selling until about a dollar.