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This is building up stronger support at this level... while the momentum isn't strong the volume at these prices is.... lots of support between .165 and .17...if this continues until PR we might be able to launch from around .20...IMO
Well thanks to FLAFLYERSFAN, we know there are 20bil authorized shares, I don't see this moving anywhere for at least about 100million in volume... maybe some news on the horizon and we're good to go....
Anyone have a level 2 snapshot?
HMM...
5,000,000 more
.01 is definitely a terrible idea but for those who currently still own shares valued at .0001 any movement up is a step closer to the door....
Lol, I just did the same thing and came up with ZILCH.....I only have a couple million shares but money is money.... any move on this is gladly accepted... just can't grasp someone dumping money into a stock with no bid....I guess we just watch and see
Shares are getting bought, while it's only about $1,000 I don't know anyone who would throw money away on a stock with no bid.... whoever is buying knows something, I don't see this as a lotto play, it was more than 1 transaction... maybe some summer BBQ money here lol...
Something's brewing
Talking about delcath maybe?
They don't have to wait 30 days, the FDA has to send updated copies of the minutes WITHIN 30 days...... Elite might already have them so there is no telling when the PR might come....could be Monday, could be later. I just find it funny how the volume and pps shot up right before the end of the week....as if to indicate something good is on its way to our brokerage accounts ??????
All this is doing is building up a higher level of support....I'll take it
Then maybe I'll be able to get out of this .... all I need is a bid
I wouldn't know about that, I'm in at about .145 average
What's brewing is exactly as I stated earlier, one buyer yesterday who invested $100k..... knows something weak hands don't...... good luck
MMs buying at the ask again
I like the FDA insiders theory
WOW!! Check out L2
Only 25,000 shs between current ask and .4025
Somebody knows something!!
I don't see a .02 spike, I see an almost 15% close on triple volume.... with no news, with the upcoming catalyst at the end of this month you and I both know there is a run up coming, regardless of end game, someone was dumping $$$ into this yesterday, take profits, and watch the show...
If whoever was buying yesterday hasn't finished we'll definitely hit .20
MPID
Ask Price
Size
Date/Time
ARXS 0.173 5000 01/05
CANT 0.174 5000 08:30
NITE 0.1999 5000 01/05
CSTI 0.1999 5000 08:30
DLNY 0.22 2500 01/05
LAFC 0.22 2500 01/05
VNDM 0.4025 2500 01/05
MAXM 0.4025 2500
It settled back down just above .17.... but i still haven't ever seen it like that before, even the MMs are speculating....I'm convinced someone knows something positive
I know but never that high before
Current ask is at .40??? SOMETHING IS BREWING PEOPLE!!!
No news, and clearly only a few buyers if not just one yesterday for around $100k, the reason I believe it was one/few buyers is bid was even going up on a sell trade even when ask wasn't getting hit...... shares had to be made available and were selling on both ends... someone knows something, and it's only a few that do...makes you wonder if a PR is coming... I don't ever recall market maker increasing a bid price higher than the last sale as opposed to the other way around....hmmm
And by the way, XELJANZ got approved.....
Here I won't even wait for a reply
"Pfizer Receives Complete Response Letter from FDA for Oral XELJANZ® (tofacitinib citrate) Supplemental New Drug Application for Moderate to Severe Chronic Plaque Psoriasis
Wednesday, October 14, 2015 - 5:00pm
EDT
Pfizer Inc. (NYSE: PFE) announced today it has received a Complete Response Letter from the U.S. Food and Drug Administration (FDA) for its supplemental New Drug Application (sNDA) for XELJANZ® (tofacitinib citrate) for the treatment of adult patients with moderate to severe chronic plaque psoriasis. The Agency provided recommendations specific to the moderate to severe chronic plaque psoriasis sNDA. Pfizer will work with the Agency to determine an appropriate path forward to address their comments, including providing additional safety analyses of XELJANZ for the proposed indication."
Oops!
Oops what? They put out a PR telling us the meeting took place and will update us with details when the minutes are released, just like every other pharma company does after a CRL meeting.... want me to repost examples from Pfizer and other who did the same???
Hopefully the story has a happy ending
Given this, I expect we'll know which direction we're headed in by the end of the month for sure, no longer a speculation play for me, if it's good news I'm cashing out when it hits .45~.60 .... AND IT WILL IF GOOD NEWS IS RELEASED, no I'm not an analyst for those that will question my prediction, just experienced in market reaction when it comes to pharmaceuticals.
Companies wait to release detailed info until the after release of the minutes because the FDA may add things to the minutes for clarification
"Before the end of the meeting, FDA attendees and the sponsor or applicant attendees should summarize the important discussion points, agreements, clarifications, and action items. Generally, the sponsor or applicant will be asked to present the summary to ensure that there is mutual understanding of meeting outcomes and actions. FDA staff can add or further clarify any important points not covered in the summary and these items can be added to the meeting minutes. The summary can be done at the end of the meeting or after the discussion of each question."
THIS IS TAKEN FROM FDA RULES REGARDING MEETINGS WHICH IS WHY COMPANIES WAIT FOR MINUTES TO BE RELEASED BEFORE GOING INTO DETAIL
http://www.fda.gov/downloads/drugs/guidancecomplianceregulatoryinformation/guidances/ucm153222.pdf
A bit of helpful info for all regarding minutes of meeting
DOCUMENTATION OF MEETINGS
Documentation of meeting outcomes, agreements, disagreements, and action items is critical to ensuring that this information is preserved for meeting attendees and future reference. FDA minutes are the official record of the meeting. The official, finalized minutes will be issued to all FDA attendees (with copies to appropriate files) and to the sponsor or applicant within 30 days of the meeting.
So it's safe to assume ELTP will receive them by the 21st or 22nd the latest...
I don't really expect anything to happen, I just can't see a shell company going to waste, I would assume it can be sold for a few grand to a new company that wants to go public with a pre-existing share structure... might take a few years....it's just not worth the couple hundred $ tax loss, I'd rather roll the dice and see if this thing starts breathing again.
So if this was administratively dissolved by state if Wyoming the shares can still legally trade ?
Wow, thanks for finding this I couldn't find anything in them.... glad you shared it, maybe I'll just sit on the 2 mil and see what happens... cheers
Something's up, this is definitely a shell company I don't see it coming back to life after the last 10q back in 2014/15.... there are 500,000,000 A/S. if another company buys the shell and does what a public company is supposed to there can be a gold mine here, I'm holding 2 mil shares right now, nothing serious but also monitoring the volume, if it starts to pick up I'm gonna grab about $500 worth at .0001, he'll why not quick flip it??? Lol
And another
"The Company expects to provide further details regarding the MDX regulatory path upon receipt of final meeting minutes from the DPP in the coming weeks."
Alcobra labs
Most companies wait for minutes to be released by FDA before following up with plan
"Earlier today Provectus issued an 8-K regarding the company's ongoing interaction with the FDA following the December 16th meeting with the Agency: "Reference is made to...a Type C meeting with the FDA Division of Oncology Products 2 on December 16, 2013 to discuss the Company’s oncology drug, PV-10. Subsequently, the Company took the opportunity to provide input into the documentation of meeting minute notes. It is the opinion of the Company that this may have delayed the process of receiving the final meeting minute notes. Therefore, the Company will communicate further guidance from the FDA once the meeting minute notes have been received, which is expected shortly. It is also the Company's opinion that the delay has no bearing on the FDA's decision regarding the efficacy of PV-10 but is rather a matter of observing governmental processes. This delay also has no bearing on the Company's discussions and negotiations with parties outside the FDA's jurisdiction."
AHFD had some volume action last week, has been dead for a year, im thinking someone bought the shell and is getting ready to go live, be careful 5B a/s but .0001s are still available..... worth the gamble
There's definitely a lotto play here