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THey are still paying for emeda, still working on it, price tag grows every month.
But it will launch soon. or maybe not so much, lol
Congrats on your buys,
IMO she"s a steal in this price range.
Thanks for the TA. Its all about human nature.
I am not a trader as I tend to lose my shirt doing it.
RSI over 70, breaks 50 and 200 dma, the TA is screaming buy, I pull the trigger, "and now you know the rest of the story" ( In Paul Harvey"s voice) lol
Really like Elite, even when the chart looks terrible (thats what most folks DD on the OTC consist of) Behind the scenes the company continues to execute, minor dilution compared to potential revs, insider buys, nothing but positive results on trials, more than doubling sq footage, new top level hires,drug launches,pos Q over Q growth and on and on.
IMO the price will catch up to the growth, and yes I will sell some as I did last time (5%) on a run.
Own more share now then ever.
I also like your TA, at this point it is something interesting to watch, unlike the stock price. lol
What action, I must have missed it.
Best to you also,
I would think we will hear something from the FDA before the CC.
That when the fun begins.
We may have already heard back, but not know until we file.
Now from zero to eight generics launched since I bought Elite.
I am sure we will hear the next one will never happen, but it will.
I am sure we will continue to hear Elite will never file for an ART NDA, Elite will never launch a a ART NDA. But, They will.
Congrats to those who work at Elite, thanks for continuing to make Elite successful. Our little ,soon to be giant. ELTP
GLTA Longs
Yes!! Elite continues to execute in every phase of their Implementation and development.
GLTA Longs
THey seem to be able to bring drugs to market at a lower price than their competition.
Most of their drugs command a greater and greater share of the market each Q,
"I'm still concerned about the extent of insider selling."
Translation: I am still concerned about being able to accumulating more shares at a this price. lol
Uncanning how that happens.
Maybe should use it as a way to trade. lol
Hard to say ,but ELTP could easily trade up to .30 with a Lg buyer or two, even before news. last run started on no news, every one was thinking that there must be a leak.
This rally will dwarf the last imo.
Welcome aboard,
How did you find ELTP?
Yes I agree, people seem to value the price as the most important piece of DD you can have on a stock in the otc land. Going up, must be doing well, going down has to be something wrong. It was said multiple times. Elite will fail to bring ART to market, look at their share price it must be a scam, how can it be real? Any one thinking that now should look at the 8k's.
Elite is rock solid.
"Do not put a stop loss in, you will lose yoyr shares on a bear raid!!"
Even if it is only for a minute, the stock will go down and take out the SL and move on up.
Boy is the otc a crazy place.
ELTP, as it executes each step of the way, will not only move toward a more reasonable market value but a better exchange.
"Go ahead play it safe and pay $1.00 to get in after filing."
Not me, but Elite will also be a great investment after filing and ART launch.1 dollar will be a great entry point, and those buying there will
Less risk, although the risk here for long term success is very low imo.
I"d be a rich man if I had a dime for every time I heard the last 7 generics were not going to launch, they all did and are taking more market share as we speak.
Elite has a way of executing, may take a few more days than their stated goals, but they do happen.
isradipine, it will launch, Elite will file for an NDA and get approved.
Fact is, they execute.
I am sure the sec is really upset, a small pharma company would set a goal for a launch and be almost two weeks late. What is NH thinking? He is a liar, I know more about launching a drug than he does and it should have already happened. I am selling all my shares tomorrow , if we ever reach tomorrow.
I did not know the below fact, thanks for sharing.
"Warrants allow someone holding them to actually get compensated should the firm go bankrupt, which is not true for those holding common stock."
Nope takes a while to install and calibrate pharma equipment.
I wonder why they are doing this, maybe a plot by NH the to fool the shareholders and increase share price so he can continue to sell, oh thats right he has not sold any, oh, he just bought some shares. THat tricky guy.
Yup I know you were, and I agree.
GLTU
Elite on the 3,6,12,24 hour IHUB buzz cloud.
"The FDA will give us the list."
Ya the list of opioids (drugs and strengths/durations) that they want Elites tech applied to.
Plug and Play
GLTA Longs
Yes sir!!!
Of course. Both drugs already approved by the FDA independently. We are simply combining them with a new delivery method. Very simple and effective as the trials have proven thus far. Probably also explains why no one can present a valid reason why the tech could fail.
I will follow the money, none sold in the .90's.
NDA, just the genesis.
I see a lot of reasons for them not to.
Its pretty apparent they are bringing ART to market on their own, look at the progress this year.
All insiders know what Elite has. and you won't see any major selling at a buck, one of them might buy a car or house, but I very confident 1 dollar is not any where close their target. Elite is going it alone for 1-4 ART products and insiders know it. New machinery is being installed daily, talk to IR.
What price will Elite be at with 3 ART products on the market, remember each one will come more rapidly than the previous one, factor in future rev's......... Price anyone?????
I suspect you may see insider sells around the time Elite receives a exuberant buy out offer.
I must have missed your reply.
You stated that Elite would issue a pr when LPC wanted to sell shares, and that was the reason for pr's for LPC to dump.
If this were true and the "reason Elite issues pr's". LPC sure must not be selling many shares. Shouldn't Elite be issuing PR's every week or two? Or maybe your theory is correct and Elite is not using LPC very much.lol
LOL pr's are based on what happens, and when they have to file an 8k.
Show me pr from Elite that was a pump pr, not much substance, did not require an 8k.
"PRs are probably based on when they need to dump shares through LPC".
The company has been very quite, does that mean they have not used LPC. If they pump before they use LPC, they sure don't use it much.
Also the intangible of increasing investors confidence.
And that will last for 23 minutes on the otc. lol
Yup,
She is very busy,
Had many email and phone calls over break that she is responding to.
I bought a few more this pm.
With what Elite has on Deck, I think we will look back and call it the 2015 effect, not January.
Getting a little peak at what will happen to the share price once we get volume.
The .01 increments will only be available for an instant, or just get skipped.
IMO very very low market cap at this point.
Feeling like a pumper today, but I have held since 2011, sold very few shares and hold far more today then I ever have,
A price spike will not effect my wallet at this point, only my psyche, I will sell when NH sells the company.
GLTA Longs
My guess is he will not sell any shares under a dollar as he did not last time we went to a dollar. IMO he will sell after several ART products are filling Elites coffers with cash, and or they are bought out and Elite is on a different exchange. Crazy thing, IMO he may be selling in the next 12 months.
GLTA Longs
Kinda seemed like .23 was a inflection point on the way down also.
Love to see it break above .23, to me it looks like it could run through the .20s to .27ish with little resistance.
GLTU and thanks for the insight
Congrats on you shares!!!
IMO nice entry point.
"Way undervalued here"
Yes I believe that a very very strong case could be made that Elite is much more undervalued at .23 today, than it was at .06 a little over a year ago.
Traders on this exchange are not happy unless you go up 10x a day. The stock price at this point does not come close to reflecting Elite's potential in the opioid abuse market. But it will.
GLTA Longs
So everyone be ready, if there are more LG insider buys, it is actually a negative. What we longs want is insider sells, big ones,......I think? I am so so confused on this stock market stuff.
GLTA Longs
THat crafty guy, spent 200k of his own money on a scam, little bait and switch. Then fooled some seasoned veterans in the pharma industry to quit their jobs and come to little old Elite.
That crafty guy. OH, so how does this plan make the largest shareholder money?
I don't know why,who or how, but it seems like MM or someone gets tipped off.
I its not me. GRRRRRRRRR
The fat finger ward goes to the lucky buyer at .245. lol
Don't worry you will be green soon enough.
If I did not believe in Elites tech and leadership, I would be gone.
FDA response, they must be very careful and they are the US Gov.
Elite is ramping up to launch ART ELI 200 late summer or fall, I don't think one or two months one way or the other will make a big difference in the long run.
The way I look at it, if I am correct, I and many others retire. If not I keep chugging along.
Elite has come so far in the last year, a few more months, I will wait.
GLTU