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Oh boy this thing heading exactly where it belongs (for now) congrats to whoever enjoyed the run. Now you can buyback your sticks for cheap and have some $ on the side.
On no news nothing will stop it from going to the .20s in a day or two.
This stock always close red on GOOD news. I wonder what bad news can do?
Agree... not selling a single share for the next 5 years :)
Next week? With no news will be in the .4s early tomorrow morning and close the day in the .3s.
Next week back in the .2s with no news...
Nice work!
If PR doesn't com out soon this will be going back to .20s or .30s. Short term investors not going to hold their cash much longer waiting for news. There are million other stocks to trade. I will hold my position for at least 5 more years.
Totally agree. Was just asking :)
Been following this stock since 2011 and will be following it for years. In fact, I'm not planning on selling a single share for years to come :)
Totally agree Couch. Nasrat knows what he's doing and where Elite is going. His experience and business relationship is exactly what Elite needed. Not to mention he wanted to be paid in stocks because he knows what Elite has to offer. He is after real $ not pennies and thats the future.
5 years from know I can see Elite trading over $10 per share. I can wait for the big $$.
Tomorrow is the third week of March. PR on Tuesday? Can't wait for the good news especially after adding more shares in the recent dip last week.
Partnership?
I seen many posts on here mentioned that partnership news expected soon. I know Nasrat mentioned something about that in the last CC but how do you know it will be that soon and not in few months? Just making sure I'm not missing anything?
Seems like the stock is trying to go over .5 but someone fighting it?
Kind of agree. The company has potential but in the mean time market value at $250M seems very high.
Yes but that's not how investors look at patents. Companies file patents everyday and that doesn't make their stocks go up. For example Apple files patents all the time and no one really cares. But when their iPhone sales go up because of patent (something like fingerprint sensor) their stock will go up.
Same applies here IMO. Once Elite starts making $ because of their patents portfolio things will get really interesting and we will for sure exceed the $2-$3 per share. Until then we just have to wait.
If .35 doesn't hold this going back to the .20s. Lesson learned... If you believe in a stock that's great but that doesn't mean you can't take some $ along the way.
Yes that's because it was manipulated. We heading back to the 20s. Congrats to those who sold in the 90s now you have profit and opportunity to buy your stocks back cheap. Wish I was one!
Are we going to be back to the .3-.4 range by the end of the week? This is dropping 10-15% a day and nothing probably going to reverse this unless we get solid PR. Obviously the stock was manubulated and someone runaway with nice profit.
Sorry for being negative but I'm just looking for honest feedback. To decide when would be a good time to buy more shares.
The stock price went from .1 to .97 in few weeks. That's great performance how much you guys expected it to go more? It will def dip at some point and unless we hear really good news it's going back under .5. I'm not trying to be negative here but realistic. The company needs to start making profits before we can see the price heading over $1.
That's just my opinion. Instead of just hoping it will go over $1 we need to focus more on the company performance and not just hope it will keep going up.
Is it safe to say MMs is what causing all this fluctuation?
Nothing unusal happened People decided to take profit. We had highBuying volumes last week that resulted in the increase 20-30% everyday. My guess the same people sold for profit and we dropped. They might start buying again at this prices to drive the stock to .8s then sell again.
That's only my opinion. I'm not expert.
How low it will go? Any thoughts?
I hope so too but I don't know if this will happen tomorrow. Might see another red day. I was expecting to hit $ today but that didn't happen.
Volume is getting low... may have to wait for tomorrow unless it happens in the power hour! only .06 needed so close....
.8305
.8385
The investor relations page the only thing that was down. I'm sure they prepared for the next PR but not sure when it will be released. I would say tomorrow or by Thursday.
Agree but I don't think the volume in the last two hours today was usual.
PR is coming out tomorrow...
Few hours ago like someone mentioned the Investor Relation webpage was down on ELTP website. Someone was getting the PR ready to release tomorrow. Maybe partnership agreement?
Good catch! PR tomorrow morning most likely. I looked at their website earlier today and I can confirm that error wasn't there.
This is just the beginning. We will be hitting the $1 this week and in the $1.5 range next week and 2-2.5 by the end of the month.
Good news are heading our way soon. The volume in the last few hours was not normal. Someone knew something. I wish I have the fund to load more shares before the next PR.
Agree!! Can't wait....
Almost 2 million stocks traded in the past hour.
PR later today or this week?
.82 and moving!!
Nice!!
I like what I see!!
Who thinks we will be at .8 by the end of the day?? I DO!!
I think that's only what he just got not everything he owns.
They owned the stock at $0.0909. Good for them!!
No worries!