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I don't believe that's how it works. Halts are regulated through the SEC if buying volume and price action are enormously substantial.
I would agree, price action on ELTP would be drastic if the approval took place during trading hours. Most likely either before or after market.
Appears the buzz over here is over now & so is the run.
How dumb does CDEL think we are..
Lmao.
Excellent. Now we wait for that buying pressure as we head in to EOD, already major buzz happening on Twitter.
MJTK.
Guys, seriously; if any of you have that 200K slap, take it off. If this doesn't move in the next hour or so, MMs will drive it lower.
L2 is extremely thin & news is around the corner. This thing should've been .025+ already..
Hottest MJ stock happening right now.
Can the butt head with the 200K ask slap take it down? L2 is extremely thin. We even get tiny buying volume, this girl is going to fly.
Then what do you expect?
My friends, what price actions are you expecting on ELTP upon approval? (Regardless of the type of label they receive approval for; range?)
Yesterday was a low volume day, today is shaping up to be the same.
Avg volume for us is 6.74 million. The potential upside here is great, news will bring volume; and sky is the limit.
#PATIENCE
What is the price action you guys are expecting if FDA approves?
L2 keeps shifting, MMs trying to move it. Nice slaps at .02+ range
I'm with you, been having the same feeling in my gut; potential upside is huge.
Perhaps I will add more as well.
LMAO.
Lmao, not at all. But you see now, .015 slap on the ask wasn't taken down, so now there's a bid at .0144 and bid support will remain the same now..
Whose the butt head with the 200K on the ask @.015? Just know that when the price won't move for 15-30 minutes, MMs will drive it lower.
...idiot
On the BioPharmCatalyst Website, states that PDUFA date for ELTB is on July 14th and is a priority review.
http://www.biopharmcatalyst.com/fda-calendar/
Once we break that .025 barrier, there's going to be a huge gap. It'll fly.
From what I hear, decision has already been made. Their probably just working on how to release it to the public.
I wouldn't be surprised, I gaurantee you that MJTK is waiting for the same thing and when it happens, we would see some news drop for it.
Hang tight.
That wall at .0176 by CDEL, is that even real?
In this letter, they demand an status on the scheduling of marijuana no later than July 5th, 2016; maybe we hear news as early as tomorrow morning? This is going to be huge!
Read the second to last paragraph, on the last page.
http://www.warren.senate.gov/files/documents/2016-6-23_Letter_to_DOJ_and_DEA_on_rescheduling.pdf
You mean .02 lol
Lmao, it happens man. Don't worry though, this will fly off soon. I was playing this back in May when it was .30+
Have an average of .0049 of a million shares, didn't even bother to sell when it reached .02; potential here is so much bigger.
Just wait for the news & then we play the I told you so game.
Lmao, agreed.
$MJTK
"On April 4, the heads of the Drug Enforcement Administration (DEA) and Food and Drug Administration (FDA) sent a letter to members of Congress that said a decision would likely be made on rescheduling "in the first half of 2016." With just three days left in June, that deadline is fast approaching"
Tomorrow's July 1st.
https://news.vice.com/article/dea-fda-marijuana-schedule-1-status-decision
$MJTK
"On April 4, the heads of the Drug Enforcement Administration (DEA) and Food and Drug Administration (FDA) sent a letter to members of Congress that said a decision would likely be made on rescheduling "in the first half of 2016." With just three days left in June, that deadline is fast approaching"
Tomorrow's July 1st.
https://news.vice.com/article/dea-fda-marijuana-schedule-1-status-decision
We are having a very low volume day, I expect something from the DEA to come out over the weekend; if not, then sometime next week for sure. All reports and news point towards a decision in the first half of 2016. It can drop ANYTIME.
Perhaps in to close, we see green. Market does close one hour early today as well, people have gotten an early start to their weekend as well.
Decision can happen any day, any second.
http://www.marijuana.com/blog/news/2016/06/lawmakers-press-dea-on-rescheduling-marijuana/
Anyone else googling DEA or Marijuana under the news right now.. Lmao.
LMAO.
$MJTK
"On April 4, the heads of the Drug Enforcement Administration (DEA) and Food and Drug Administration (FDA) sent a letter to members of Congress that said a decision would likely be made on rescheduling "in the first half of 2016." With just three days left in June, that deadline is fast approaching"
Tomorrow's July 1st.
https://news.vice.com/article/dea-fda-marijuana-schedule-1-status-decision
$MJTK
"On April 4, the heads of the Drug Enforcement Administration (DEA) and Food and Drug Administration (FDA) sent a letter to members of Congress that said a decision would likely be made on rescheduling "in the first half of 2016." With just three days left in June, that deadline is fast approaching"
Tomorrow's July 1st.
https://news.vice.com/article/dea-fda-marijuana-schedule-1-status-decision
"On April 4, the heads of the Drug Enforcement Administration (DEA) and Food and Drug Administration (FDA) sent a letter to members of Congress that said a decision would likely be made on rescheduling "in the first half of 2016." With just three days left in June, that deadline is fast approaching"
Tomorrow's July 1st.
https://news.vice.com/article/dea-fda-marijuana-schedule-1-status-decision
Whose slap is that at .0148? Take it the hell down.
Stock doesn't move for 30 minutes or so and whole L2 completely changes, MMs just leave.
Lmao.
Not necessarily, bid in at .0125; bottom could be there. But after we break .015, we should fly.
Given, it is a low volume day today. OTC market in general, is slow today. Looking for a great day tomorrow.
.015 wall.. Getting really annoying; must be a reason why these MMs won't let it run.
Been holding 1 million shares since .0049 range; I didn't even sell when it saw .02
The potential here is too great, a booming industry and people are selling for $50-$100 profits, blows my mind.
A friendly reminder, $MJTK was trading at .30+ this LAST May.
Another ONOV waiting to happen if you ask me.