Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
In case you wanted proof
Hammer lock patent :
US2417025
https://docs.google.com/viewer?url=patentimages.storage.googleapis.com/pdfs/US2417025.pdf
Lol you noticed too?? Someone is filling a multi million share order over the last several trading days all around $.15
Some has been accumulating MILLIONS of shares at around .15 on the open market.... the quarterly update will be very rewarding next week .... wish I had more $$$$ to get shares but I'm tapped for now...
Agreed
Who knows, more that I have. It's just a fraction of O/S based on volume but still big money.
Absolutely. They're filling a big order.
But but but .... I know. You really think anything we say on here is going to affect share price?? Absolutely not. The only thing that can touch the share price of the stock are the balance sheets which we will hear about around 9th of February, or sequestox approval. All you can do now is accumulate just like that secret buyer at .15 over the last several trading days.
Wow!!! A share buyback?? GO ELITE!!
It's huge accumulation, either MM or a specific buyer at .15...... someone put in a huge order for $.15 a share to be filled over the course of several trading days...... my opinion is elite is buying the shares back with the money they're making off of the epic deal
It actually does, the float is more accurate but they are not the only one available. Just because certain shares aren't included in the float doesn't mean they can't be sold/bought.
Authorized shares -- total shares in existence
Outstanding shares-- total shares being actually available for trade (issued from authorized shares)
Plus earnings by the 9th then conference call..... load up while you can.
FINALLY my order filled!!! Time to put in another one for .145.... hopefully I get it.
It's gonna take a while
It will bounce, if your not in (I'm not in it anymore) buy at the bottom... sell on bounce.
TENX halted, news is bad. I think it will bounce today/tomorrow but how low?
Your asking a lot there friend, what do you think this is??? The stock market???
How do you know modifications to the bead wasn't one of the solutions??? How do you know 3 different bead variations weren't all three solutions??? Modifying the drug isn't a "new drug".....
You're right, my mistake......
Well I'm sure they're planing on selling them eventually but for what price???? As for who is selling to them..... there are a billion shares out there.... we're talking about approximately 1% of the shares being traded daily
Yes I believe you suggested that earlier. Thanks again for the solid advice.
While keeping the price up?
Of course not. But it's someone savvy.
Clearly savvy investors
ELITE IS BUYING BACK SHARES AT A PREMIUM SO THE PRICE STAYS UP OR.... MMs know something worth keeping the price up that you don't.
I haven't seen that before with this stock..... every transaction has a buyer and a seller but this buyer is buying millions of shares. The bid support is MASSIVE.
A million in volume today, about 4-1 sales to buys......and price goes up. MMs are heavily accumulating shares leading up to this CC/Earnings report. It's been like this the last few trading days.
They want shares
Why's with the massive support at .155??? Market refuses to drop the bid, I want cheap shares and it won't get filled!!
Looks like dead in the water until reverse merger
This is worth a ton of dough all on its own..... the financials will show it...
"We received notification from Epic in October 2015 of the approval by the FDA of Epic's ANDA for Oxy IR. This product was an Identified IR Product in the Epic Strategic Alliance Agreement Dated March 18, 2009 (the "Epic Strategic Alliance"). Oxy IR was developed at the Northvale Facility pursuant to the Epic Strategic Alliance, in which we are entitled to a Product Fee of 15% of Profits as defined in the Epic Strategic Alliance.
Epic advised us that the first commercial sale of Oxy IR occurred in March 2016 and such sales are ongoing."
15 percent market share? They be the only generic oxy..... sooo 100% percent market share of the generics for oxy ..... glad I could help
Well, oxy sales are 3 billion a year,
If half buy generic, at half the cost, its $750 million .... 15% of that is $112.5 million...... let's assume more than half is expense since elite only gets 15% of net we'll go ahead and call it $60+ million annually for elite.... I guess my first estimate was a little low..... so actually current share value should be around .40~.45 cents with the oxy royalties alone.... thanks for motivating me to write it down, buying more on Monday.
It's about .15~.20 increase in share value... from current prices, increasing from there every quarter, starting from the first payment. I'm not sure if it will be in this quarterly report but definitely the next one. Annually I would predict $40-50 million.
15 percent for life.... next
Such a farce that epic pharmaceuticals is backing it with millions of dollars? Hell the royalties alone from epics Oxy makes the stock worth at least double what it is now
It's a real quote
http://www.globenewswire.com/news-release/2017/01/23/909983/0/en/Elite-Reports-On-SequestOx-FDA-End-of-Review-Meeting.html
“We are very pleased that the meeting discussions with the FDA provide a clear path forward for SequestOx™,” said Nasrat Hakim, President and CEO of Elite. “Based on the guidance received from the agency, we plan to initiate the bridging studies immediately and are expecting to resubmit our NDA this year.”
http://www.globenewswire.com/news-release/2017/01/23/909983/0/en/Elite-Reports-On-SequestOx-FDA-End-of-Review-Meeting.html
Of course they're shaking, just like the weak hands that sold