ELTP

Elite Pharmaceuticals Inc

USOTC

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1,000

ELTP

Elite Pharmaceuticals Inc

USOTC

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1,000

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Winechemist

Good afternoon Meshcan and all, thanks for the

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Maxthedog

Nasdaq2020 deserves a stickie ? You should post

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NASDAQ2020

Upcoming ELTP Catalysts:

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Pharma Sleuth

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jour_trader

30 minutes ago

Post #409,358

Re: #409,356: @jour_trader - According to has had slaps on the wrist,

*Accord

sharkey1

48 minutes ago

Post #409,357

Re: #409,356: @jour_trader - According to has had slaps on the wrist,

THX, I hope it works

jour_trader

56 minutes ago

Post #409,356

Re: #409,355: @sharkey1 - Ofcourse they can have it made here, but

According to has had slaps on the wrist, but I wouldn’t expect it to impact their priority. Accord has received FDA approval as recently as April:

https://www.pharmaceutical-technology.com/news/accord-biopharma-hercessi-approval/#:~:text=Accord%20BioPharma%2C%20the%20speciality%20division,to%20treat%20HER2%2Doverexpressing%20cancers.

sharkey1

7:41 AM

Post #409,355

Re: #409,354: @JamesF1 - Hi sharkey1 , Accord is still very

Ofcourse they can have it made here, but I thought it might be a stumbling block if they have to relocate back to the USA, that is, paper work, inspections, etc.
Also, they may run into a catch 22

JamesF1

7:27 AM

Post #409,354

Re: #409,352: @sharkey1 - This, I believe to be the latest on

Hi sharkey1 , Accord is still very much in business in the USA. It is true that they have had FDA issues, but those issues have not put them out of business. https://www.accordhealthcare.us/about/#:~:text=Our%20U.S.%20headquarters%20is%20in,research%20parks%20in%20the%20world. That said, I agree that the patent ruling is a huge positive for Elite. If Elite is second to market with a generic OxyContin it still will be a needle mover for the company.

NASDAQ2020

7:25 AM

Post #409,353

Re: #408,775: @ELTP Emperor - Good news coming next week. Might be the

Huge !

sharkey1

3:14 AM

Post #409,352

This, I believe to be the latest on the Purdue patent, the rest is behind a pay wall

The bankrupt Purdue Pharma lost its legal effort to use patent laws to block an Indian drugmaker from launching a generic version of OxyContin when a federal judge in Delaware decided on Tuesday that some of the patents covering the drug's newer "abuse-deterrent" features could be found in decade-old academic articles and patent paperwork.

Now, we all know the Indian drug maker is an off shoot of Accord, and that facility got hit last year with a huge
warning letter and was almost shut down, or not allowed to send drugs to the USA till they clean up their act.
So, if that's where Accord want's to make their Generic OxyContin, they are DOA, witch makes Elite first to file.

moondogaz

09/20/24 10:11 PM

Post #409,351

Congrats on 1,000 followers...

MysticalTrailblazer71

09/20/24 9:41 PM

Post #409,350

Re: #409,348: @NASDAQ2020 - https://www.barchart.com/stocks/quotes/ELTP/opinion

Great bar chart summation!
Thanks for the post;

ap17

09/20/24 9:40 PM

Post #409,349

Re: #409,264: @TaperT2 - Yup , Best Veh to Invest/ Trade in

Hey, join us over here, without that demented Imbecile. (I'll explain more later)
https://investorshub.advfn.com/Analyst-forum-for-Bitcoin-43198

ap

NASDAQ2020

09/20/24 9:05 PM

Post #409,348

Re: #409,326: @Sankarad1 - I believe it can be sideward movement for

https://www.barchart.com/stocks/quotes/ELTP/opinion

HGilS

09/20/24 9:03 PM

Post #409,347

Re: #409,346: @NASDAQ2020 - If you sold at 15 why do you

For a tip. 10c

NASDAQ2020

09/20/24 8:46 PM

Post #409,346

Re: #409,292: @jammy32 - Why are we dropping. We need news.

If you sold at 15 why do you care ?
Are you hanging in for a dip to re enter ?

Cake Eater

09/20/24 8:15 PM

Post #409,345

Re: #409,326: @Sankarad1 - I believe it can be sideward movement for

https://www.tradingview.com/symbols/OTC-ELTP/

https://corporatefinanceinstitute.com/resources/career-map/sell-side/capital-markets/volume-price-trend-indicator-vpt/

Here are some key points about how volume trends may impact the future direction of Elite Pharmaceuticals:
Increasing volume on price movements is generally seen as confirming the trend. "Elite Pharmaceuticals Inc has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation."
The Volume Price Trend (VPT) indicator can be used to assess the balance between supply and demand for a stock. Rising VPT values along with rising prices would indicate strong bullish momentum for ELTP.
Volume spikes can sometimes signal exhaustion of a trend. However, for ELTP, the volume increase seems to be confirming the upward price movement rather than signaling exhaustion.
Volume trends can help identify potential breakouts. For ELTP, the increased volume on upward price movement could be signaling a continued bullish trend or potential for further upside breakouts.
Divergences between volume and price can signal potential reversals. There is no such divergences for ELTP currently.
ELTP "holds several positive signals and is within a strong rising trend." The increasing volume appears to be supporting this bullish outlook.
Higher liquidity (increased volume) is seen as reducing overall risk for the stock.

Scotty9

09/20/24 5:55 PM

Post #409,331

Sold for a little still think this is a great company

Sankarad1

09/20/24 4:49 PM

Post #409,326

I believe it can be sideward movement for the SP, until another catalyst triggers a breakaway.

Any tech experts here that can chart the behavior?

MysticalTrailblazer71

09/20/24 3:46 PM

Post #409,324

Shorts are starting to cover end of day. They don’t wanna be short for opening on Monday morning news anytime and one of these days they are going to get caught with their pants down big time. Oh everybody have a good weekend. We’ll see what we can produce next week.

jour_trader

09/20/24 2:50 PM

Post #409,319

Re: #409,317: @rack186 - Phony Longs selling for weekend beer money.

Volume drying up. More sellers. Not a surprise. The long game is clear and we have good indications how this will end.

jammy32

09/20/24 2:47 PM

Post #409,318

I do think elite will do well once they get more wins out there.

rack186

09/20/24 2:45 PM

Post #409,317

Phony Longs selling for weekend beer money.

Makai63

09/20/24 2:40 PM

Post #409,316

Bought more!!

Bullish

HGilS

09/20/24 2:32 PM

Post #409,315

Re: #409,314: @IB_ - Elite should break through $0.40 before months end !!!!!!!!!

Why don't you ask him?

IB_

09/20/24 2:30 PM

Post #409,314

Re: #409,309: @HGilS - gap is too big for a Friday :(

Elite should break through $0.40 before months end !!!!!!!!!

IB_🤴🏻

Dr Speculator Ninja

09/20/24 1:48 PM

Post #409,311

Re: #409,310: @namtae - Did you use the proceeds from your sales

One could also use the proceeds of selling all (claimed) shares at .15 to buy an iHub subscription. OR, and I'm not sure if there is bail in regards to iHub jail, but proceeds of selling all (claimed) shares at .15 could also be used for that. So many options!!!

Bullish

namtae

09/20/24 1:28 PM

Post #409,310

Re: #409,292: @jammy32 - Why are we dropping. We need news.

Did you use the proceeds from your sales at 15 cents to buy back in this week?

Thanks for posting

HGilS

09/20/24 1:24 PM

Post #409,309

gap is too big for a Friday :(

Dr Speculator Ninja

09/20/24 12:43 PM

Post #409,301

Re: #409,292: @jammy32 - Why are we dropping. We need news.

LOL - so, so sad. Buy some shares. You can also read up on the company for relevant timelines. You'll see we are right on track. No lies about it.

Bullish

Makai63

09/20/24 12:40 PM

Post #409,300

Re: #409,282: @Turkey Soup - I feel very lucky to be in this,

I'd buy in at the dips, but it will not be long at these levels. There's 102 days left until the end of the year. How many news releases between now and then? Hopefully about six to eight...most of us are waiting for the next leap. I haven't sold a share yet.

DNORWOOD

09/20/24 12:36 PM

Post #409,299

Buying the dips. We are golden. Cat people united we are buying big time.

Pharma Sleuth

09/20/24 12:07 PM

Post #409,298

Re: #409,288: @jour_trader - Question for group. Based on last cc, FDA

He basically said the pdufa date won't change. They could have said see you in 6 months but they did the opposite.

My guess based on the qualitative info on this board is that there are approved generics but very little has launched or has API

FDA has pressure to relieve these shortages so I would best guess it's any day from now through November pdufa date

Oxy has a Oct pdufa date. I think anyway. Since purdues lawsuit is on that and the associated patents, can there still be a lawsuit or the approval held if the patent is invalid. Obviously not so what will Purdue and Elite do?

Was also referred back to the patent office for the same reason to get cancelled or removed or whatever they do in this case.

Maxthedog

09/20/24 11:52 AM

Post #409,296

Do you think that is another month from GDUFA date or about month from that conversation, which would mean about now?

Nasrat mentioned that when/if approved, it will be the prioritized drug to manufacturer within the next 4 months. He doesn't know exactly when and gave it within the later part of 2024.

sharkey1

09/20/24 11:42 AM

Post #409,295

Well, if your looking for first to file, I go to this link

https://www.fda.gov/drugs/drug-and-biologic-approval-and-ind-activity-reports/first-generic-drug-approvals

As far as I know, nobody is allowed to make a Generic Oxycontin,
they may make a similar drug like oxycodone hydrochloride, or such, but they are not allowed to market it as
Generic OxyContin

now, last I heard KNOA is supposed to be making Oxycontin for Purdue,
that is, Purdue is still making the drug, and it's the oddest thing,
the proceeds of the sales under the new name is supposed to go to paying the millions and millions
in lawsuits,
so take that for what it's worth, lol

aBeezlee

09/20/24 11:28 AM

Post #409,293

Re: #409,292: @jammy32 - Why are we dropping. We need news.

Dude it's the entire market. Stop looking at things in a vacuum...50bp cut is bearish I suppose. Should have been 25 over the summer.

jammy32

09/20/24 11:26 AM

Post #409,292

Why are we dropping. We need news.

jour_trader

09/20/24 10:52 AM

Post #409,288

Question for group. Based on last cc, FDA needed another month to review API source for Vyvanse. Do you think that is another month from GDUFA date or about month from that conversation, which would mean about now?

HGilS

09/20/24 10:21 AM

Post #409,283

Second Friday in a row where the volume is inexistent.

Turkey Soup

09/20/24 10:17 AM

Post #409,282

Re: #409,280: @HGilS - WE were for years at 2-5 cents -

I feel very lucky to be in this, I came across the stock randomly and have made $50,000 in a very short period of time. At first my plan was to turn around for a quick profit, but the more I learn about the stock the more I realize it's a hidden gem and a long hold. Wish I'd discovered it sooner, but better late than never! With 500,000 I feel like I will be setting myself up for a comfortable future.

HGilS

09/20/24 10:12 AM

Post #409,280

Re: #409,277: @Turkey Soup - Are you guys buying at these levels? I

WE were for years at 2-5 cents - this thing will explode without notice soon - your call.

Turkey Soup

09/20/24 10:10 AM

Post #409,277

Are you guys buying at these levels? I need 50,000 more shares to reach my target of 500,000, not sure whether to scoop them up at 0.375 or wait a bit longer...

HGilS

09/20/24 9:55 AM

Post #409,274

It seems we upset someone yesterday smile

jammy32

09/20/24 9:55 AM

Post #409,273

Re: #71,041: @oliven - With all the new milestones that we are

LOL

jammy32

09/20/24 9:52 AM

Post #409,271

I’ve made close to 800,000 on this stock and that’s after being down close to 100,000 due do buying at the wrong time. I loaded ( we’re talking millions) up at three cents and yes , I did sell at 15 and 25 and 35. I still own 500,000 shares so want the stock to go up.

I’m just nit a cheerleader like most of you. I’ve made my money. You guys bought a few thousand shares so are praying for the lottery to hit. My ticket came in.

And really, I don’t care if you belive me. Just think how much you could have made has you bout MILLIONS at three cents

namtae

09/20/24 9:34 AM

Post #409,270

Re: #409,266: @jammy32 - What is this finance 101. We

Geez, Im so sorry your exit was 15 cents

That was just when ELTP started its run up.. it almost hit 42 cents!!

Dont let it bother you too much

oliven

09/20/24 9:04 AM

Post #409,269

If I would have sold my Elite shares for 15 cents, I'll feel extremely defeated,because I'll never recover from that huge loss again.
Better luck next time !!!

Bullish

HGilS

09/20/24 8:47 AM

Post #409,267

Happy Friday to all smile
This is REAL !!!!

jammy32

09/20/24 8:40 AM

Post #409,266

What is this finance 101. We need news on the needle movers. If bad news, we drop like a rock. We’re still a penny stock. Nasrat needs to step it up.

Just my opinion

Sankarad1

09/20/24 8:32 AM

Post #409,265

Re: #409,259: @Cake Eater - This is a good read also: https://www.investopedia.com/terms/c/cashflow.asp

Thank you!

TaperT2

09/20/24 8:03 AM

Post #409,264

Re: #409,260: @NASDAQ2020 - I have that problem too. 33% of mine

Yup , Best Veh to Invest/ Trade in ,& better way to go.. if Karmella gets installed Roths wont be effected by her ,looking forward to taking distributions from mine in 2025 once BTC peeks

Cake Eater

09/20/24 8:01 AM

Post #409,263

Re: #409,260: @NASDAQ2020 - I have that problem too. 33% of mine

It's a different world here in Canada.
Securities that trade only on OTC markets are not considered qualified investments for TFSAs(tax free savings account) and RRSPs(registered retirement savings plan)

The Canada Revenue Agency (CRA) states that "securities that trade on OTC markets are generally not qualified investments."

However, American Depositary Receipts (ADRs), may be qualified investments if the underlying security is listed on a designated stock exchange. 🙁

Cake Eater

09/20/24 7:31 AM

Post #409,262

Re: #409,261: @NASDAQ2020 - You gave me a headache, lol

Hope you have lots of Tylenol on hand.....💊🤣
https://www.shopify.com/ca/blog/operating-income-vs-net-income

Older

Elite Pharmaceuticals Inc (ELTP)

Followers	1000	Posters	2383
Posts (Today)	7	Posts (Total)	409358
Created	03/24/09	Type	Free
Moderators jimr1717 mrwrn2010 NASDAQ2020 IB_ namtae Dr JoeBarducci

Fiscal Year: 2024
Revenue: $56,625,128
Change: +65.79%
Net Income: $20,108,631
Change: +464.56%

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 in Launch Queue	5	----------
Dopamine Agonist	12 M	Filed with FDA - 22 Dec 2022	----------	----------
Methotrexate	63.4M	On Market	8	Elite
Percocet	500 M	Approved in Launch Queue	14	----------
Norco	477 M	Approved in Launch Queue	12	----------
Methadone	30 M	Approved in Launch Queue	8	----------
OxyContin	720 M	Filed with FDA - 17 Aug 2023	???	----------
Vyvanse	5.10 B	Filed with FDA - 21 Dec 2023	11	----------
Concerta	1.16 B	In Development (Final Stages)	8	----------

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%
2025 Q-1	18,803,063	+109.39%	3,864,056	+144.00%
2025 Q-2