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BEST Quarter in Elite's history .
That’s fine. I will buy more as well above the gap. But I have about 100k for the gap or slightly higher
Oh no.....6 weeks to read the same lame, incidious, excuses, from the "lottery club members"
Would, should, will, going to, next year, are the key words during each sausage party lament.
While shorts, day traders, (phony longs) market makers, will get most of the attention for the low PPS due to their nefarious dealings with this turd.
Have a great long 4th w/e.
This cycle starts all over again on Monday...lol
IM BUYING NOW IN CASE IT DONT GET THERE.
Everyone knows what DILUTION is..........
It is the 54,358,027 Brand New Shares that was added to the Outstanding Share Count !!!!!!!!!!!!!
Elite is getting close to having 1 Billion, 100 Million Common Shares Outstanding ..............
As the share price falls,
IB_🤴🏻
How much do you get paid to hype investors?
40 posts already with hours still to go
Totally agree with you and I say we’re pushing 90 to over 100 total for next year
1. Not always.
2. Until we don't.
I'd rather be invested BEFORE the big unexpected moves upwards, versus after.
We are headed in the right direction, aggressively so. If anyone feels like the current share price is less than what it should be that's what I would call a buy signal, not a bitch signal. Everyone that keeps boo-hooing anything and everything Elite should sell now, but please, do me a favor....look back in two years, message me, tell me who was right. To quote the great and occasionally intoxicated JT...."It's gonna be me!"
Buy the rumor sell the Fact! It will go up from here just needs to pull back a bit. No worries
do you even know what dilution is?
And the DILUTION continues !!!!!!!!!!!!!!!!!!!!!!!!!!!!
We also moved from $0.97 to $0.18 ........ Going DOWN is never a good move for The True American Longs,
IB_🤴🏻
Excellent excellent post about the dumbest post. Totally agree with you.
Agree, but honestly don’t care right now selling a rental condo here in South Florida just finishing the remodeling should sell by end of July early August and we want to take a little money out of that one and buy more ok OK not a little want to take a lot of the proceeds and buy ELTP and after the buyout MAY move to Hawaii!!!!
I love how so many supposed investors speak as though the best way to invest (make money) is to do it ONCE the share price has appreciated and not beforehand. It's laughable. Read between the lines. Watch what's being prepared for. Look at the direction things have been going. It's basically common sense. The company will be worth more in six months. It's gonna be worth even more in twelve, then eighteen. I see this as an easy double to quintuple in the next 1 to 3 years. That's a pretty great return on your investment if ya ask me, and without even mentioning the low risk with entering at the current price point. These aren't pie in the sky predictions, either. That bitch is literally in the oven as we speak, and I love the smell of what Nasrat is baking up for us.
We've been here before and it's the same old song and dance. After earnings call, we go down until the next conference call.
Good call. Double entendre. 😉
I put the trash fraternity on Mute again
Excellent conference call. Glad to see the price drop. I bought more.
Nobody expected the company to be sold TODAY. If you did....(insert insult). You'd be a God awful gardner, parent, boss, teacher. You get the point. I'm sick of your incessant whining.
I'm sad that eltp price has lost more a penny when the numbers were good. Nasrat was conservative in his presentation and 75mil to 90mil would've been a better outlook for FY2025. At least we have only 6 weeks to show 1st quarter numbers.
Count me out of your 100% calculations. Patience is a virtue; ask early Amazon investors.
That's on you for taking you that loan!!! Great call by the way!!!
Same, had meetings. Ready to hear replay.
I only heard half of Nasrat’s dialogue. Looking forward to hearing the entirety. This is wonderful to hear.
Except when you are in growth mode. That is flat to current state. Under promise and over deliver on results with flat messaging isn’t a successful IR/communications strategy.
Plain and simple, the numbers were EXCELLENT, We go higher in revenues and profits, the stock price will do what it wants.
What’s the 52 week low?
You won’t answer because you’re a clown but it’s fun to ask. Beg your boss for this one time exception to answer the Q.
Is a cup and handle bullish?
Don't forget 3rd times a charm and the inability to by past .21. The ceiling has been forming and there's a gap at .14. With high volume going to the downside, unless we can go back to the .20+ mark at the close, we go down
Couldn't disagree more Under promise and over perform is much more intelligent. BTW a 25 % increase in yearly revenue is not exactly weak guidance.
My guesstimate is 18-19.2 next quarter.
19.5 to 21 the following. Etc etc.
Launching any of the 3 re-acquired will only add to that, as would approval of a needle mover. I like the fact that Nasrat forecasts on the lower end. I'd much rather be pleasantly surprised than disappointed. We're going to get there. He's building the company up to be acquired. It's obvious. Buying shares in this price range is very "Ron Popeil" imo.
Is that so? Every time he gives weak guidance stock tanks. Markets are forward looking idiot.
If you speak weakly from forward looking standpoint expect to get nailed. Ford is known for this. Deliver great results and give soft forecasts, stock tanks. Not what investors what to hear.
For long-term investors that understand the business and know what’s coming this is absolutely a solid play.
It’s always wait till next year This stock sucks
Looking forward to continue to accumulate at way below true value prices which based upon a reasonable a PE is around .30-45. The indication of next year earning above 70M is a smart estimate of value. In 6 weeks we may be looking at a 20-25 million quarter.
September !!!
Is a cup and handle bullish?
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
I've been informed by the Emperor that he is transferring his fiefdom to me since he has been limited to one post a day.
All hail your new Emperor!
You convinced me - Go back there
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One of the most miserable and depressing experiences in life is being an Elite shareholder.
I guarantee you prison is better.
Not even close to 100%. I'm ecstatic with ELTP. The more you nay say it, the more I buy. You and IB sure do discuss Psychology 101 classes a lot...what a coincidence 🤣😂🤣😂.
So transparent...it's like catching children stealing cookies.
You can tell this is an OTC stock based on the people's reactions to the call. There's no bigger delusion than small time traders of a penny stock.
Let the financials speak for themselves, and don't be expecting a Fortune 500-level conference call from any OTC company.
We sure will. But first, the gap MUST be hit.
Stop smoking what you smoke - we will get the the mid 20's soon P/E ratio will guide us
Wrong board _IB - we moved from 2 cents to 21 cents
--------------
IB_
Re: None
Tuesday, July 02, 2024 12:26:25 PM
Post#
402883
of 402902
The falling share price is a byproduct of the continued DILUTION !!!!!!!!!!!!!!
No excuses can be made,
IB_🤴🏻
SHOW ME THE MONEY OR SHUT UP !!
I really need another one of my holdings to fly so I can go all in at .144…. This will not last, we’re going up another flight of stairs soon enough
You're just saying that to make yourself feel better (Psychology 101).
100% of Elite shareholders are experiencing some level of frustration, regret, etc.
Most of us are very happy with Elite
The presentation was solid and the numbers speak for themselves. We have a lot to be thankful for especially the growth. The new facility will provide the cornerstone of 80mil+ for FY2025
MMs shaking the tree
We will close green
One of the most miserable and depressing experiences in life is being an Elite shareholder.
I guarantee you prison is better.
Your reacting to the share price not the facts. Probably because you took out loans expecting a big rise in price and a strong movement to company being sold.
You are not the center of the universe. How you feel is not how everyone else feels. Most of us are very happy with Elite and have strong profits and no expense to maintain shares (referring to the interest your getting charged on your loans).
I don't think anyone with such wild emotional swings that appear to relate to their personal situation and not the companies should have any stickies up (especially ones that fully display one extreme of such swings) nor ever be a moderator.
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Moderators jimr1717 mrwrn2010 NASDAQ2020 IB_ namtae Dr JoeBarducci |
Senior Moderator: IB_
Posted: 7/02/2024
________________________________________________________________________________________________________________
Elite Pharmaceuticals, Inc. |
Website | Location | Employees | Facility | CEO |
www.elitepharma.com | Northvale, New Jersey | 64 | 85,000 sq ft | Nasrat Hakim |
Products & Pipeline | ||||
Drug | Market Size | Status | Competitors | Marketed By |
Adderall IR | 389.8 M | On Market | 15 | Elite |
Adderall XR | 1.56 B | On Market | 10 | Elite & Prasco |
Dantrolene | 6.3 M | On Market | 2 | Elite |
Isradipine | 5.5 M | On Market | 1 | Elite |
Loxapine | 5 M | On Market | 2 | Elite |
Phendimetrazine | 4.5 M | On Market | 4 | Elite |
Trimipramine | 2 M | On Market | 1 | Elite |
Naltrexone | 16 M | On Market | 5 | Precision Dose |
Phentermine Capsules | 7.5 M | On Market | 6 | Precision Dose |
Phentermine Tablets | 40 M | On Market | 8 | Precision Dose |
Vigabatrin | 233.7 M | On Market | 13 | Pyros |
Doxycycline | 85 M | Approved (Discontinued) | 9 | ---------- |
Tylenol with Codeine | 45 M | Approved | 5 | ---------- |
Dopamine Agonist | 12 M | Filed with FDA - 22 Dec 2022 | ---------- | ---------- |
Methotrexate | 64.3M | Approved - 16 May 2024 | 8 | Elite |
Percocet | 500 M | Approved | --------- | ---------- |
Norco | 477 M | Approved | --------- | ---------- |
Methadone | 30 M | Approved | --------- | ---------- |
OxyContin | 720 M | Filed with FDA - 17 Aug 2023 | ---------- | ---------- |
Vyvanse | 5.1 B | Filed with FDA - 21 Dec 2023 | 14 | ---------- |
Concerta | 1.16 B | In Development (Final Stages) | 9 | ---------- |
Financials | ||||
Fiscal Year | Revenue | Change | Net Income | Change |
2019 | 7,568,508 | ---------- | (9,279,321) | ---------- |
2020 | 17,994,639 | +137.76% | (2,240,351) | +75.86% |
2021 | 25,380,749 | +41.05% | 5,088,421 | +327.13% |
2022 | 32,262,117 | +27.11% | 8,898,245 | +74.87% |
2023 | 34,155,114 | +5.87% | 3,561,846 | -59.97% |
2024 | 56,625,128 | +65.79% | 20,108,631 | +464.56% |
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