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Morning Lasers,
I have a question regarding the BE/PK trials due to my lack of knowledge with those.
The Bio Equivalency trials are designed to show that the drug provides the same potency and effects as a similar product, correct?
What is the point/benefit of Elite doing both the BE and Phase 3 trials?
Thanks again. My knowledge with BE/PK studies is noticeably lacking.
Pete, just wanted to mention. I was just on Elite's website. Looking at their archives from the past, you can see just how much this company has turned it around. It's was so exciting reading the PR's about the loss of Lodrane, because I look at where Elite is now and you realize how much the company has grown in those couple of years. Elite had one product generating revenue along with their ART products which were in a standstill. Today, Elite has a massive pipeline of products generating all sorts of revenue AND growing at a generous pace. To top it all off, the ART products are going to resume very soon. It was a tough few years for most of us, but we kept on buying and buying at the low prices. The new Elite is here. Cheers to all.
$42 is the peak essentially if everything goes to plan. $20 is a safe target.
Exactly. The thing is "they are" projecting A LOT more in the US. So it's really a toss up.
A buyout is a possibility. I just don't like speculating them because in all honesty, we have 0 knowledge of the situation. If Firdapse and CPP-115 make it to the market, then I see $40-$45. If only Firdapse makes it to market, then I see a $13-$15 price. CCP-115 was created by a genius. He created a billion dollar drug before. Smurf, what are your guesses on the 2 scenarios? Catalyst will rock back and forth, but in a progressive motion. The stock price will increase over time.
Now, as much as I want to make money now, I seriously wouldn't mind another stock market crash.
Very nice. Hope we get a nice kick back up to $3.00 then.
Welcome . Are you in for the long run or the short flip? Lol
I keep on forgetting that in addition to the expected trial initiation and expected partnership, we also have the CC coming up next month. Revenues will definitely be a lot higher.
Well I bought into Catalyst prior to their failed trial for 109 some time ago. I was up over 100% on that run up and when results came out, it went I to the .30s. It has bounced back to the highest levels in years because 115 is the crown jewel of their pipeline and the drug candidate is beginning to mature. Firdapse is also a solid FDA approvals drug that will bring in needed and essential revenues . It's a solid buy right now. I just have a policy to never personally buy more of a stock that I'm already up 100% on.
Also to add in what Smurf said, nothing has changed for the company. You do have to realize that some people were lucky enough to be up 800%-900% when it hit the mid $3. I expected some of those people who bought this stock at the lows of .37-.50 to sell at a massive gain. Catalyst is a long term hold for me even though I'm up more than 100%. They have some great products with the sure possibility of the market cap growing at an incredible pace over the next few years. Best of luck to your investments.
Lol did you see me on the ELT* board? I said that the bio market is looking bad and I get shunned by all the longs. I didn't get to follow stocks too much today because I had classes all day. I'll probably base my decision on IPCI and Tita* on tomorrow's actions.
Gosh, if I said that I would get ransacked lol. I do agree with what you said. I really want to buy A LOT more before trials are announced.
Exactly. With the projections of stock price by Nasrat when the first ART product launches, paying for a house in cash is not too bad if I say so my self.
That's the one thing that separates Elite from any other company in my eyes. As an investor, you have a wide variety of the forms of bio companies you can invest in. Different companies creating "the next big drug". Well the next big drug comes at a big price. Instead of non stop public offerings like certain companies I do not care to call out at the moment, Elite has a massive generic pipeline which is contributing to cash flow. Very soon, Elite will be cash flow positive with the new products (ex. naltrexone) being launched and the new royalty stream which we obtained with the agreement with Epic. By then, there will be at least 20 products Elite Pharmaceuticals will be gaining some form of cash from. This is why Elite stands out to me from every other bio company that I've seen. Elite has cash coming in to se self sufficient and not relying entirely on shareholders. This is why I have put so much money into Elite. My friends/family call me crazy for putting this much into a stock at my age. They say I should just save it up for a down payment on a house. I tell every single one of them the same thing. Elite's going to make it big in a few years.
Waking up to a PR that trials have started will be an early Christmas gift ! So excited for the next few months! We've been waiting for so long and the time has come!
Well howdy doo I do all 3! Haven't sold a share since I started purchasing in 2011! I must say I'm quite a cheerleader on certain days and quiet on most(school and work).
Yes Couch didn't delete it. Couch posted a message to me and I clearly responded to it. My message is still there. His isn't . See for yourself Ryan haha
And FYI I made a small purchase today . Only time .11 was brought up was because Couch brought it up. I'm a buyer, not seller lol
I think someone is coo coo. Never said .11, .12 or anything. I just made a general statement lol
Well that's two days in a row where as soon as I wake up, I make a sloppy comment that irritates and is thrown out of proportion. I guess I won't comment as soon as I wake up anymore lol. And no I'm not selling you .11's. More like $5.00.
My head is down in shame.
Thanks Doog! The entire sector is getting assaulted today. I'll keep my eyes on it.
Might do that today.
Is this the Bio crash? The entire sector is horrendous unfortunately.
Good luck to you too. Have you updated your excel presentation for Elite?
What are you talking about? Haven't touched any shares and don't plan on selling any time soon.
The last couple minute charge. Not sure if it happened Friday.
2 days in a row. Congrats ELTP longs!
Hey there KoKid,
What I mean is that the "trolls" on the board will say by Elite only getting a cut of the profit, there will be less revenues than going at it themselves.
I think the partnership is a very smart move and don't have that negative view on this agreement.
Good afternoon Steges!
I've known of the long Actavis connection Elite has.
As you say that the strategic alliance drugs were sort of like "a mirage", I do wonder if/when they do ever come into fruition.
The circle between Elite, Actavis, Mikah, and Epic is very obvious. Great thugs on the way.
And lastly. The only thing I can see "trolls" on the board saying is that "Elite won't make as much money now ".
As I said, this partner/license deal with Epic is amazing and Nasrat deserves a round of applause.
Thanks for you response Steges.
At first when I woke up and read the PR, I was questioning it. Now, after waking up, this was a GREAT PR/News for Elite. I can see one way of spinning it as bad news, but many more as great news! Best of luck Couch,and thanks for your hard work on this board.
With the pop at the end? Let's hope so! That would be a great day. Hopefully we close 5%< X
What do you mean?
Okay thanks for the clarification! I just hope it doesn't take as long as the strategic alliance drugs lol.
Good morning Doog. I'm looking to add more gradually, but how do we know that an approval is imminent within 5 months?
Thanks.
So close to my buy zone. RSI has cooled down.
Good morning Lasers! Just a quick question because I'm not fully understanding the PR. So we bought all of those ANDA's from Mikah only to license them to Epic? 6 exclusive, 6 non exclusive. We certainly don't know how the products will do on market, but won't this in a way prolong the time it takes to profit on the original transaction with Mikah? I appreciate your response ahead of time. Just a little curious is all.
Great day here at CPRX! Lol I just never like Seeking Alpha articles though.
Good morning Smurf! Looks like great news and a very nice price increase! Do you have a position or just watching at the moment?