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I'm still sitting on the sidelines waiting to buy. I think it may still hit .01 and go up from there. GL to longs.
Hope you fellas have some money ready to buy more. Looks like we may have a sell off today.
If I remember right Naltrexone is supposed to be released at any time? That's one of the 3 that the FDA reviewed at the same time, if I remember correctly.
I wouldn't mind us getting another drug launched while we wait for the PR, haha.
Hopefully we get some more interest in ELTP today and get some heavy volume. I'd like to see us try to get past the .15 level again and head to .16. The higher we go without a PR just shows high much potential we have when we finally get one. Stay strong longs.
It did drop a lot compared to yesterday, but still a lot shorted.
Soon, yes. Only a matter of time.
We already have the patent approved. Just waiting on PR.
After .15 comes .18. Hopefully we can pass it.
Yes, volume is heavy today compared to what it's been like recently. However, during last year's run, we were doing 30-50 million/day easily.
Agreed. A large short position and low volume today signal good stuff for when big news does come out.
You guys think they would do that AH? Now that I think about it, the HK deal came out AH.
I think that $145 buy was no error...;). For real though, who really knows. Right now it's all speculation. In my honest opinion, I think we were bound to get out of the .12 range and onto the next stage, which is .14-17. I didn't think we'd get here without news, which is why I really think something is going on inside with the patent PR. All IMO, of course and is probably wrong.
.14 is a key level. If this holds, we could see the next major resistance around .18 . I don't know if we can get there without news, but who knows. Today is a strange day.
Think or Swim
My chart is corrected.
I sure hope so. My chart is useless now.
Here we are getting excited like this and we have no news, imagine what an actual news story on oxy will do to us.
Haha best post of the day. If we close at HOD, I'll buy you all a drink. =)
Great, now my chart is all screwed up!
I didn't know how many shares it was for. Dissapeared too fast. For a second though, I was an 18 year old worth 435,000,000.
$145/share anyone see that? haha
Breakout has commenced. Now to see where it stops and breaths.
Wow I didnt even see when the article was posted. What's with the rise then?
I saw that order at .12, WTF, lol mm's. Hold on tight boys, things are looking up. Next key level is .16, then .20 .
Good news, IMO. Not too much volume today and we're doing pretty well. Should be a good sign for when we actually get news.
Saw that and responded to it. No mention of our patent, guess thats a good thing for now. I wouldn't mind us testing .20 =)
Tons of goodies that this company can release at any time. It's just a wait and hold game!
We all know it could only be a matter or days until we see huge growth in the PPS. People just better hope they're in it before it rises.
Very possible. We'll see if we stay above .13 today. My guess, although I wish it wouldn't happen, is that we head back down to the .125 area.
I don't plan on selling anytime soon either I just think it's strange how we broke out of the .125 level today. I know it was coming sooner or later, just wondering why today. I suppose no one will know for sure.
What's your guys' take on the trading so far today? This has come out of nowhere. Ideas?
Haha yeah me too. Trading today has been fun, even if we're only at .13. It's nice to see large shares traded and not 500 share lots that move the price 5%. =)
I was referring to an announcement of a partnership or something along those lines. Something that majority of people wouldn't expect.
I'm right there with you. We all know that the PPS won't be anywhere near this area in 6 months - a year.
You never know, this is possible. Good insight.
I agree. Maybe it's just the pumper inside of me, but I think something big is brewing on the inside right now. Something IS up.
Next earnings should be stellar, and if they post something really good that alone could shoot us to the next level.
I still don't see anything that rivals/is similar to Elite's, lol.
Have a link?