http://www.otcmarkets.com/stock/PIOI/profile

Of course they're shaking, just like the weak hands that sold

Absolutely. Just like Trump isn't bought and paid for, the new FDA regime should follow suit. Sequestox approval is going to be a massive blow to the pharma world.

So long as they keep it at 20 million it should be ok. They have 1 billion authorized

Your right but I just found the S-1 from this month stating they will issue 20 million more shares

I'm actually I shock. Does anyone know what the accurate A/s are ?

A few months from now you'll be saying the same thing with the decimal moved over to the right LOL 1.50....

Same one that ran it for the anda that they just completed

It sure is.... I wonder why the hurry??? $10k dumped in pre market??? Someone knows something ...

Maybe this has something to do with confidentiality order.....hmmmm

We speculated it.... they said they will modify the formulation to eliminate sequestox, so using reason it was deduced that polymer thickness might be all it takes...

In vivo is fed (vivo is live as in inside the body)

To each his own

I'll get right on it commissioner

Right, I know the textbook stuff..... I'm talking about market makers signaling each other illegally using that very legal method. It happens, especially in the OTC. It's illegal, so they do it under the blanket of protocol .

And when MMs break up an order that is filled exactly at the same time like this one where it could have been filled at once instead of

33391
1009

Then there is a message.

Can anyone tell what the message between market makers is in these trades?

33391 Buy
1009 Buy
1000 Buy


There is a message here, I see " I need to load shares, news coming soon"

If they don't sell at .15 then they haven't lost, if they don't sell at $3.00 then they haven't made any money either. They have shares, these shares represent today's value ONLY. Being an insider they might feel like selling at .97 is a loss. They don't care about daily charts like us traders, they're looking for increasing value in the long run or maybe even a buyout. They can trade the shares like we do either. If they sell, they're probably leaving the company.

They're holding, to sell it for around $3-$5.....

It's another term for rookie.... clearly an unfounded and hollow insult

Yeah I'm sure there's a swing somewhere but not that significant. A few points maybe. 900k shares shorted today still nothing worth making a stink over, really just change.

Oh your right is the reporting system that changed this year.... so it's been accurate since November 2012 and even more accurate as of January 11, 2017. Thanks doc sometimes I get carried away. Nonetheless, no serious stock shorting going on here. Thanks for helping clear that up.

And by the way, the law changed on January 11th of this year which eliminates a lot of that inaccuracy

SEC Approves Amendments to FINRA’s Short-Interest Reporting Rule

The SEC approved amendments to FINRA Rule 4560 (Short-Interest Reporting). The amendments: (1) codify the requirement that member firms report only “gross” short interest existing in each proprietary and customer account (rather than net positions across accounts); (2) clarify that member firms’ short-interest reports must reflect only those short positions that have settled or reached settlement date by the close of the FINRA-designated reporting settlement date; and (3) delete certain existing exceptions to the rule. See Regulatory Notice 12-38.

There might be a small swing , maybe 0-5%..... but it's generally close enough to know how much was shorted. Nobody wastes time shorting small stocks like this. You want to short something you pick a company like dryships DRYS, not an OTC

All you need is $25k in equity to day trade, stocks like these are perfect for it, especially because of all the weak hands.

Here you go buddy,

http://otcshortreport.com/index.php?index=ELTP

Assume it's give or take a few, combined, with the most pristine timing, all shorters combined made about $20,000. I did better selling at opening and rebuying more shares at the dip.

Yes I do. 910,783 shares. It's basic knowledge.

All 900k shares that were shorted today? Yeah I'm sure they made a killing.

No trust lost here, I assume Elite expects its shareholders to think and behave like true intellectuals, which is why they released the positive PR this morning. Those that understood the significance bought millions of shares today, those that didn't get their
"quick flip profit" sold. Both sides behaved as expected. Shorts took their losses and longs dug in. I have to admit, I usually don't stick around for too long, I am essentially a trader, and given my history, would have walked out on this neither up nor down today.... but I would never forgive myself for throwing away a fortune a few months from now after we're all setup with the Sequestox launch.

I'll take it, id love to get my hands on some dirt cheap shares. Bring my average down from ~~ .15....

Recent Example?

Double rejected? It was submitted once, told it needed more data, then the means by which to achieve this data and approval were agreed upon by the FDA and elite..... stop spreading false hoods.... or rather keep doing what you're doing I'd love to buy some more

If this is the case do you think we will see revenue reported in the next quarterly report?

don't be surprised if we get another PR before the earnings report, there's more to it than what was released today. If you watch the trades today, and have a little experience reading MM signals, you'll find what I'm talking about. I don't think it would be wise to voice my opinion because it is PURE speculation and I'm speaking strictly from a TRADERS perspective, not a pharma investor one.... there's a fair chance that I may be mistaken but I've seen this before. Today is Monday, only confident news is released Monday, hold your shares if you can, if not, let them go.... price will remain at its true value regardless until the REAL beefy news comes out. GLTA, both yeas and nays.... there is serious cheddar here.

I sold MRNS today around 1.70, almost a 60% gain for me, thinking about putting a limit order in for .15 another 30k shares, grabbed some earlier today. I'd like to get my count up to 200k without moving my average price up too high... I'm around .153 now for my average, was at .145zzzthere is a ton of upside here.... but patience is gonna get tested like we've seen today.

Like I said before, I'm a buyer at .10 lol

Simple consolidation, we shook out the holders who were looking for an overnight gain, down 10-15% by close.... not a serious hit... watch her fly back up and over after the earnings report/CC in a couple of weeks. Nice buys coming in today as well.... fairly balanced

Thankd

When is next CC??? Mid February?

In all fairness and full disclosure, I kinda grinned a little after the news, was able to load up more shares today without selling any other stocks...almost thankful there were impatient hands holding this..