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Sell all rallies here, the market has been extremely clear in this. Supposed great news about sequest ox and the stock can't even rally more than a penny ...lmao. Bulls missing it again
That's the question. Why aren't all these terrific things having any effect on stock price? Is it really all manipulation or like the runup to sequest ox approval, do keen people know something more. Manipulation doesn't last years
Nope, Scott trade is just awful
Plenty of people know about sequest ox, including healthcare investors and the FDA. It's far from an exposure issue.
You can't really trade, only buy...no shorting
The problem is no one and I mean no one here was talking about the generics as anything at all only few months ago. The words "breadcrumbs" were used frequently. Now all of a sudden, the generics are going to carry elite.
What happened to the guaranteed approval of sequest ox? Oh and the buyout?
No real value is in future prospects, that is how companies like this trade. If it traded off the balance sheet many companies would be screwed.
No brainer? God I've heard that so many times on this board and at much higher levels
Pfft. They are like #2 on the message board rankings. And of course we all know that means stock price rocketing higher soon...
A slow rise in PPS based on what? A rise to say .16 cents?
It would be minor miracle for the company to see 10% of it. Fools gold again being sold
In which decade?
Because they are working soooo well. Gg
The stock is 15 cents. Eltp doesn't need any help embarrassing it. All this great news and the stock price does nothing.
lol the saavy dumped this POS about 4 months ago.
Such a great CC that the Share price could not even maintain any decent rally.
True but it provides cash in the period received. It's really the only reason the company has decent cash on hand.
They were too busy meeting with the FDA....oh wait
Well when the milestone payments stop or are hugely slashed it's about to get a whole lot worse. It's like Baghdad bob all over again.
Lol he is like the guy asking for $10k for a car that should be donated. The company isn't even worth .14 cents a share.
Unfortunately this management team isn't fooling anyone anymore. Sequest ox is not getting approved anytime soon if ever and financial prospects are slowing. The next leg down is coming tomorrow after Nasrat tries to BS his way through the CC. The company had promise but management couldn't execute.
If only you could short this stock...if only
Sure you do. You lose the chance to use the money in a better trade if you haven't sold. That's why you have to evaluate trades in realtime, not based on where you bought
That's because without sequest ox the company isn't even close to worth this price. Don't let the same people who called all other products "breadcrumbs", now profess they are much more. They aren't
Historic quarter that comes nowhere close to supporting the current valuation. Any savvy investor can see that. Next
Serious investors talking about $38 per share? Maybe some are serious, some are a little off center
Actually market makers are likely the only thing holding this stock up at the moment. It's true value is a lot lower than here
lol these posts are great. Another investor suckered and the price drops from there. It will take a minor miracle to get this stock over .15 soon
But they are working on a huge buyout any day now. I know, I keep reading it here!
Yes, the idea that the generics can carry this company to some big valuation is a dream. Much of the revenue relates to milestone payments and a pipeline that is in huge question. The market isn't stupid, and can easily see through this. Sadly others can't.
Damn autocorrect. It's longs selling shares.
It's not a current PPS attack. If you could short ELTP the stock would be far lower and you would see a real price attack. This is longs selling postponable on the company this week. Any other explanation is FOS.
The ratios are good. These companies though trade on future prospects first and foremost. Not saying the ratios don't help, they do, but clearly the market is focused on the unclear growth of Eltp vs. the outstanding shares. That is where the increased valuation is going to come from.
Here is the problem relating to stock price. The last 2 times the price was down at the levels, it came screaming down and bounced pretty fast both times. Now though, today was very orderly on the way down and there was zero panic, which does not bode well.
What are you talking about? Don't you know the company will be bought out any day now? When one glimmer of hope does, something brighter always comes along....lmao
Just stop, that is not how a trading range is defined. The trading range was at .15 on the bottom, not where it went for about 5 minutes a while back. It traded down to .15 more than a few times and bounced that defines the bottom of the range.
A trading range is not 50% wide. The trading range was .15-.19 at best.
Savvy investors would be the ones who understood something was wrong when the price was going nowhere before the CRL was announced.
It's called common sense. More people should use it when trading or investing, but they don't. Eltp is not a technically traded stock right now, it's news or lack of news driven. People love to take TA way too far at times and just stop thinking