Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Your math is flawed. The trader would only pay taxes on gains, not the entire sale.... So lets say his average is 100k shares at .20 for illustrative purposes. Sells for .24 which equals a 4,000 profit. 4,000 minus taxes at 35% leaves a 2600 profit. This leaves him with $22,600; if he buys back with the entire amount at .16 he now has 141,250 shares or an increased position by 41.25%. Or he could buy back 100,000 shares and have an extra $6,600 in the bank.
It disgusts me how people can get away with basically stealing others hard earned money without consequence. I wouldn't mind helping karma along either.
about a year ago today I bought WNTR for GCHI. Still unable to trade my shares.
Going back up... Took out those who had stop losses near $2.00. Hoping we stay in the low twos for a while, good consolidation point.
I imagine they put different concentrations of the controlling substance based on the desired opiate dosage, so each prescription would have more or less of the active ingredient. From the summary of another poster, to me it sounds like some how the inhibitor (for lack of a better term/information on how it works) detects when concentrations reach above a certain level and becomes active. If this is how it works, it seems pretty ingenious to me. Or perhaps it doesn't have an effect until a certain amount is ingested over a short duration. I'm just curious how it would function with other substances as to me they make it sound like this isn't just for opiates.. Either way this could have positive or negative implications for ELTP if successful. Its hard to determine if it would be a good fit to combine with our tech until I know how it functions.
Yeah I found that article, it makes it appear that if they are swallowed "whole" but I did further research and it appeared that it wouldn't matter if they were whole or crushed. Again like I mentioned they don't have patents yet so I have no idea how the tech works. And also claims it would work with any drug (narcotic or not). Could be good to prevent suicides, accidental overdose, and abuse. Hard to believe them without explaining how it works.
Has anyone looked at IPCI. How do you think this will affect ELTP. It appears that they have a means to stop people from taking more than the prescribed dose. I have been looking but they don't have patents yet and therefore I am having trouble figuring out how it works. They claim it can be used with other drugs to prevent accidental overdose, not just opiates. Also claim that it will counteract opiates if the patients attempts to drink on them... It sounds too good to be true and I am skeptical. Thoughts as it pertains to ELTP would be appreciated though. Wondering if it would be easy to defeat the tech... but if coupled with our dual bead tech I think we would have a truly tamper proof, abuse proof opiate. (The thing that ELTP can't control is if people take more than prescribe dose without altering the pill)
I'm doubtful there is a 3rd divvy, the company "intended" to give 3 divvys though there was never an announcement regarding a 3rd divvy. I'm more concerned with the two that were set in stone and still waiting for the second place-marker. (not to mention it would be nice to be able to trade GCHI....)
Yep, the .01c divvy per share of WNTR which at the time was trading at ~.005 sounded really good... too good to be true. Either way, I learned my lesson. Hopefully I can recover my over 50% losses if it does trade. Anyhow, you live and you learn. GLTA still in.
Who needs retail support when you have institutional support. Look at the massive buys in the past month (including accumulation by Nas).
As seen on Friday and the past months, we have strong support in the low 20's. Hence we are bottoming out, I think you mean bear trap?? Expect to see 27's printed at some point next week, and if we can break 27s with strong volume may see low 30s. Everything is pointing North AIMO
Yes no basis for that statement. Also no basis as to why this is going to 2 cents. Pure rubbish, and clearly strong support as seen on Friday. This is getting ready to move north.
Steady decline, .0002 a month for the past year. This going to be .0002 in about 2 - 3 months if you are lucky. Get out while you can. IMO buyer beware.
grabbed some 8.08's Friday, think we will beat earnings. Looks undervalued to me.
Patiently waiting not so patiently for the sdlk45302sl to turn into GCHI and another 234lkjsdfo to show up in my positions.... Any news on that front?
Not a chartist so could you please explain to me (and those who also aren't chart experts) what the long green candle after a doji implies? My understanding is that the doji represents market uncertainty, the long green candle indicates support against a bear raid? TIA
consistent 300 - 400k bid at 1.44... If you are not in now, I would recommend starting a position today easy 20% gain near term.
It was back when it popped up to 7, overall I lost quite a bit as I bought back when the first dividends were announced. Probably about a .0007 average.
Here is my plan over the coming months. Almost no doubt we will pass P3 with flying colors (take some off the table to reduce risk/ lock in some profits). Wait for a good time to accumulate during the review. Upon approval by the FDA take another chunk off the table locking in more profits. Let the rest ride and let ELTP prove they have a successful marketing strategy. Even if they fail at gaining a significant market share I will still have profits in the bank because I have no doubt the science is sound. The only link in the chain that I can't be sure about is how well we do after approval. All IMO take it as you will.
I hadn't said that. It is very possible.. Before I sold my shares it was bouncing between two and three for a couple weeks, and spiked.. I was able to get rid of my shares half at 4 and half at 5
Extremely low volume, more than likely someone is "painting" 3's. (very small buy to keep the price at 3. Meanwhile selling large amounts at 2. Keep in mind, I haven't been watching as closely since I sold my shares but that was often what happened before.
Side note: Anyone in contact with FK heard anything about our divvies?
Exactly right. The potential liability should be strong motivator for prescribing ADT/ART opiates vs Non ADT/ART leaning towards the later as we are aware there are means to bypass ART...
Glad I decided to buy back in today was on the fence if this would pull back some but the recent infusion of capital significantly reduces the short term risk all IMO. Excited for we are on the forefront of making medical history. GLTA, All IMO.
Although I got out on Thursday at 4's/5's I don't understand how people get off on other people losing money. You are a terrible person IMO, have a good life and karma will come for you. For all those still in this, I hope Frank comes through for you (though I will kick myself for selling).
I agree, I'm sure there are other reasons that we haven't even thought of for why they went with the IR rather than ER, as I said before I have faith in Nasarat, as I am certain they have a strategic plan in place for how and when they will push each drug through C/Trials granted they are successful with the current P3.
Try and stop, and there is your answer.
I disagree. Also op. withdraw can potentially kill you. There are two categories of addiction, physical and mental. I would surmise if you don't take your medication for more than 24 - 48 hours severe withdraws will start. Regardless of the fact this was prescribed to you, I would argue that you are physically dependent and therefore addicted.. (The same goes for us coffee drinkers, if we stop suddenly we can get caffeine headaches etc.)
That seems a little harsh. Are you new to bios? Delays happen.. Just the nature of the business as there are many hurdles to overcome as I am sure you are aware.
Suboxone would be my recommendation. (contains nal), Do methadone if you want a worse addiction. Problem I have seen with subs is that users don't take it and trade/sell it so they can buy their dope. Apparently now they have a shot that lasts a month which resolves that problem. In my experience the doc prescribed way more than I needed and I took less than half of the daily dose, slowly weaning myself off. Another negative is that if you have suboxone or nal if you continue to use opiates, both can be used to offset withdraws which are a strong motivator to quit.
Edit: In regards to cold turkey, if you are able to do it more power to you, but the success rate is slim to none for obvious reasons.
Frequently those with chronic pain will be prescribed a main prescription of ER tablets that they take daily. And for breakthrough pain they are prescribed much smaller doses of IR. Obviously the pharms charge by the mg so the $$ is in the ER. From my experience the IR's have always been easy to abuse (granted I haven't touched any oxys in ~4 years so I am not sure what is on the streets now a days).. The chemistry is sound, and so long as no Nal is released from ingestion there is no reason we will not pass PIII with flying colors. My only concern is how things will be handled after approval, which I think Nasarat is qualified to handle, but will it be widely adopted by the medical community is the question. Either way I plan to take some off the table after 200 is approved. I see plenty of opportunities here to make money short and long term.
Not really much to add, I've been following for a while just haven't posted. Most of the regulars here know whats going on. It's far too easy to by-pass any protective measures in place at the moment. It's only a matter of time before the FDA mandates that all prescription opiates have ADT because the public recognizes the havoc prescription abuse is having on the middle class, and they sure don't want to be held accountable when they have such a simple solution to the problem. (if you cant defeat the time release this significantly reduces the potential for abuse, also the ability to ingest via nasal/injection also increases the euphoria -> more people addicted). Hence why I am invested here, not to mention Nasarat is an excellent CEO and personally invested. It is quite ironic for me to actually be helping to get this tech to the market having been on the other side.. lifes a trip sometimes. Anyways GLTA I don't think we will be disappointed.
2 friends dead, 2 friends in Federal Prison for 10 years, and many ruined lives. I shouldn't be here typing myself. As I could just have easily been in any of their shoes (and if life was fair I would be).
lol, nope. Lets just say I have seen the devastation prescription opiates can cause first hand.
Those deals mean nothing to those new to WNTR. They have paid Itext out in a dividend (which we are still waiting for...)
Thanks for the welcome. I am fully aware as I have saved a couple peoples lives with naltrexone.
Exactly. Not really many other applications for two bead tech except with opiates.
Except benzos/ other drugs don't go to the same receptors that opiates do so that wouldn't work.
This must be the largest volume day ever in WNTR... 500 mil in 2 hours? The question is, do I buy back at 2 or not, may be a little stronger now that all those longs that have been waiting to get out were able to, and the new holders may be more patient (also those who bought the 200 mill yesterday at .0002 have probably taken profits which makes it much easier for this to move up on news) Any thoughts?
Taking bets on what I will be able to buy back for tomorrow?