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I wouldn't be surprised. I also wouldn't be surprised if the timing is more than a week after the proxy. With no news, it is likely that "dilution" (even though these shares will never be traded on the open market) will shake the loose hands out and bring the pps down even more than it is now, thereby allowing insiders (owners, EPIC, etc.) to pick up really cheap shares before this thing takes off. It is going to be a wild ride, but I am keeping my core position intact at least until March. Also have my flippers to play the proxy and news.
Makes me wonder what the hang up is. "Very soon" in my mind was sometime in the next couple of weeks. It has been almost 5. Are they holding out until after the proxy?
Got some 792s. I hope they fix the broken PR machine soon.
Definitely not halted. Just slow trading as it has been nothing but crickets from IR for the whole summer. At the first sniff of news, this goes up. I think the upcoming "dilution" is already priced in and investors are just waiting for more products to launch before they put any more money in.
Probably. On Level II right now the Bid is .088 and the Ask is .085. WTH?
Yes priced in, or yes to pps drop after vote?
Do you think the potential "dilution" from the proxy vote is currently priced in, or do you think we will see a pps decrease if the shares get exercised?
Decided to slap the ask with a small order of 5000 about 20 minutes ago. Still not filled. @$$$holes.
I could not help myself. Grabbed some cheapies at .08. Order was filled right away!
Look, the once a day relevant post from Yahoo.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_E/threadview?m=te&bn=99215&tid=93377&mid=93377&tof=3&frt=2#93377
Hopefully the patent is moving along.....
Agreed. I felt reassured today. That CC was a complete 180 from the last one. I also like that Chris Dick said more than once, "hopefully we will have good news for you soon." It sounds like a deal is imminent. Hopefully we get something by the end of the month!
"Pipeline is larger than any losses from Lodrane?" Gotta love it.
what? no corporate jet? :)
Loving how upbeat and positive the guys are sounding today!
That is a shocker coming from you. I think this makes perfect sense. It gives shareholders and investors a chance to read it over so they can have time to come up with informed questions regarding the future of the company. The 10Q was exactly what I was expecting by the way. Not better, not worse.
I don't have any insight, only speculation/hope. I am hoping there will be some good news regarding business developments. I don't think the financials will be all that great with only phentermine sales generating revenue. However, if there are some positive developments, ie partner, hydro, naltrexone, etc., we could see a spike in pps. The advantage to doing that with the market open is that there would not be technical gaps to have to come back and fill later. Again, only speculation, not actually useful info.
I have bought all I am going to at this point, so I would love a ride up. First stop, a dime. Hopefully we get some great news and get to a quarter soon.
Or both!
Agreed. Love that it didn't go into the 9s.
After my first read, this looks to be great news. I was incredulous as to why they wanted to increase the share amount to 690,000,000 but that is needed to satisfy the options for the directors to exercise their rights on promised shares. They would not be doing this if these shares weren't going to be worth a lot more in the future!
It is a strange feeling to hold more shares than were even traded today. Not sure that has ever happened to me before.
What do you think is the time frame for the launch of naltrexone and hydro? The CBE 30 was given around Memorial Day. I would have thought we would be seeing them about now.
Green close maybe?!
It looks like we bounced off the lower BB this morning. Last two times that happened we ran back up to .18-.19 within a week or two. We need news to get us there....
I am definitely not a technical expert, but it looks like we could go as low as .10 to bounce off the lower BB. Also, we are very oversold. Any sniff of good news and the chart looks like we could go up to about .18 within about a week after the news. I am really wishing I had some flip shares as the past three months have been .11-.20 like clockwork.
Looks like .1351 has held strong as the base today. This has to be the lowest volume on a Monday in a while.
I posted one that basically just said I respect the IHub posts as informative and serious, and see the other board more as "entertaining."
My bet is he has discovered that flipping can be VERY lucrative. If he can spook his followers into selling because he has, maybe the price can go down enough to strengthen his position. Sell at 20, re buy at 14, increase your position by nearly a third? More free shares always sounds good. He is just playing the game.
Personally, I am doing my flipping with other stocks. I am long term on this one. I got in with and average pps of .09 in March and am going to hold until at LEAST next March when I think the pps may be close to $1. No long term cap gains for me at that point. I do wish that people would quit treating this stock like a lottery ticket. We are going to get to $1 2 cents at a time. Unless of course we get FDA approval and/or patents approved, but those could take quite some time.
Uh, none of this should come as a surprise. And, I believe, it has already been priced into the pps. It is nice to see that revenues increased, and that we will have more products and revenue on line by the end of the year than Lodrane ever contributed. Can't wait for the CC.
Is it possible that CSTI or another MM has been holding the pps down so this private company (Actavis) can accumulate shares on the cheap? This may be the European partner for oxy as well. Makes you wonder...
I gotta admit, I am a little surprised we didn't see at least a penny gain today. It may have helped if there was a little more detail shared regarding the financial arrangements with TPN for the new product. Just saying that "it will buffer losses from Lodrane" didn't give a specific amount of revenue they expect to bring in. Hopefully that will be shared during the CC tomorrow.
Of course anythng is possible, but I think that there are just too many good things that happened Jan-Mar and since that we should see an increase in pps. It would be uncommon to schedule a CC to talk about a lot of bad news. If it were going to be that bad, they would just bury the news on a Friday afternoon. As always, this is a long play, but seeing that Elite and TPN have kissed and made up I think that only bodes well for the future. The earnings report I am most looking forward to is 2011 Q1.
Absolutely! IF we can add 2 cents a day until Thursday I would be happy. Only gap to fill would be Friday mornings after we gap up on what I hope to be great news from Thursday's after market cc.
I would love a stair step up pattern to .28 by eod Thursday before the cc. That would set us up nicely for a good run!
Just added more!
With Hydro being delayed 30 days by the FDA on May 31st, that should put the launch somewhere around the first of July. Naltrexone could come even before that if we are lucky. It would be nice if they announced the Hydro launch a couple of days before the CC and earnings report so we have some good momemtum going in to even more good news. Hopefully ELTP will be putting up some good fireworks for Independence Day!
That's what my fortune cookie said....
I am in long as well. I am REALLY bemoaning my two lost opportunities to have doubled down since April. I still have a good long position of .09s that I hope to see run up in the next month!
Well, with no news I guess this is where we could have expected to end today. Great volume.
iHub is such a breath of fresh air compared to the Yahoo circus.