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So, would you prefer nothing was in the pipeline? I’m glad to see lots of progress, but I do own some ELTP stock.
It’s really a shortage of the generics. My son takes Vyvanse and I’ve been paying $397 for 30 pills for about a year now. We can never find the generic version anymore.
Also contribute the max to your HSA. It’s even better than a Roth, since you get tax advantages now and like a Roth, it’s not taxed for medical withdrawals ever. Typically amounts over $2000 can be put in the stock market.
Did you sell again and are trying to talk it down?
Look at my past posts and you can see I’m no Nasrat worshipper, but that being said, he did a great job turning this company around.
Like I’ve said before, I’m pretty conservative and most of my money is in mutual funds. However, I do own some shares of AAPL and NVDA and like any company, not everything is perfect even there, like high valuations. NVDA went down yesterday because the 100%+ growth wasn’t good enough. One does need to look at both pros and cons and in my opinion the pros greatly outweigh the cons or I wouldn’t own ELTP.
Make your own decisions.
Good luck!
Looks like maybe it’s trying to move up to fair value. Loving it!
For Roth conversions, you have to wait 5 years to spend the profits. The 59.5 years is if you are actively investing in your 401k, you can move it to a Roth if you’re over that age.
It’s this part that I’m not sure is true. I hope it is and as I said I’m not an account by any stretch.
### Withdrawing from Roth IRA:
1. **Qualified Distributions**: Since you are over 59½ and the Roth IRA has been open for at least five years, any withdrawals (including earnings) are considered qualified distributions and are tax-free6.
I think that is not true for the converted earnings, but hopefully what I found is wrong.
I converted a bunch to my Roth at the beginning of the year. Do keep in mind that although any money you convert, can be withdrawn at anytime if you’ve had the account open for five years. The profits however will be taxed if withdrawn within the 5 year period. That’s why they have a place on the tax form for how much is in your Roth at the end of year. You may not realize this if you have an accountant do your taxes.
Now an actual accountant may know better than me, but that’s how I understood it.
Seems to me that namtae just picked 27 million. You should add it to your list. If he’s right, we should go north of 100 million for this year.
Hard to believe someone so bearish has gone so bullish.
Oh well.
18,000,000, but hopefully someone much higher wins.
Think or Swim also works
I can’t log in
Down to 1 day now.
Wrong, Yahoo numbers have been screwed up for quite a while.
I would love to see some volume. Right now, it’s kind of like watching paint dry.
Last week his critical mark was .17, this week .18. I wonder if it will be somewhere in the .20’s or higher next week.
If everyone is locked and loaded, we need some new buyers and great numbers after the CC for this to go ballistic. Hopefully, that will be the case.
I’ve been retired for a little over a year. You’ll love it.
That was me being pleasant. 😊
You are right. I can provide no tangible evidence, but we both know it’s true. Go ahead and buy 100,000 shares, then sell them immediately. How much do you want to bet this isn’t going to .03, let alone zero?
Can you provide evidence there isn’t? I thought not. So take your bs elsewhere.
That is pure bs. Each mm only shows their highest bid, so who knows how many more bids sit behind it. At least that’s true at the level 2 I look at. I know this because my bid disappears when someone outbids me.
Where as I agree with all of your positives, I think there are some concerns even if a lot or even most of the people posting here disagree.
Low volume - which to me means it can be manipulated easily
Still intertwined with Mikah - again some may consider this a positive,
Forward looking statements have not historically been very accurate.
That being said, I do think the positives outweigh the concerns or I wouldn’t own this.
Let’s hope tomorrow is like today, going into the long weekend.
To the company store
Another day older and deeper in debt
But not today
ELTP
Thanks. I prefer an announcement on a Monday instead of Friday anyway.
If it’s considered a material event, don’t they have to file something? I’m not sure at what point a new drug approval is considered material, though.
LFGK?
Maybe
Look
For
Goat
King.
Or preferably
Look
For
Great
Kickoff
Isn’t this board interesting?
Let’s see, if one questions anything, they’re a goat and/or they have never owned shares. Did it ever occur to anyone that people who have owned this for 10 years or more and have never traded might be a bit frustrated?
I do believe there are a couple of people posting that have never owned this stock and never will, but not many.
There are several people that claim to own massive amounts of the stock that have been here for years. That in itself is not very interesting to me, but when these same longs say they hope the price stays low so they can buy more, I have to ask myself why over 10 years they haven’t accumulated enough. I do believe this is the only message board I have ever read where longs hope the price drops. If you are long and are posting that you hope the price drops, I’m sure that would be all the encouragement a first time buyer would need to go all in.
Of course there’s the imminent buyout. I see people say that it will be sold in 2 years. Nasrat did say about half of that when asked about a buyout in 5 years, but how many forward looking statements that have been said in conference calls haven’t come true?
I hope the share price increases and the sooner the better. I’m pretty sure a couple of longs passed away while waiting and I don’t want to be next.
My son’s is covered, but since there are no generics available, it still costs $397/month,at least his last prescription.
I hope you’re right. I wouldn’t have came back if it wasn’t for revenue, profits, positive cash flow and lots of potential in the pipeline.
You’re right and you should absolutely do what you want with your money. Asking because we had a significant drop from.21. If I was one of the peasants and it did drop to .10, I would next claim that I’m dropping it to a nickel and so forth, so one would never really get an opportunity to buy.
Not sure how anyone buys or sells on days with volume like today.
Not worth the cost at this price?
Almost all my shares are in a Roth and those that aren’t are in a traditional IRA, so I have no concerns on capital gains.
Not quite that easy, well that is if the answer on google is correct:
How many days do you have to live in Florida to be a resident?
The 183 Day Rule
But it's not as simple as that. In order to not have to pay income tax in another state, you would have to prove that you have been in Florida for more than 183 days – or six months plus one day – AND properly establish your full-time residency in many other ways.Apr 13, 2022
How dare you question him. Oh boy, you’re going to make him and his crew angry now.
One of his recent posts said he buys about 100,000 shares a week on average.
So if we do the math:
100,000*52=5,200,000
Now round down the number of years posting to 10 and multiply that by the shares above and you get 52 million shares.
What’s not to believe???
Oops, now I probably made him mad too. I guess I’ll be on his list again.
Maybe he’s trying to compete with Namtae. Maybe he gets paid by the post or response like some say about the bashers.
lol
Go ELTP
Are you thinking that there will be 10 billion in revenue in 2 years? That’s pretty quick growth from here.
Nice post.