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I feel like this would be a very strong day for the stock if the price closes at .32 or above. Even though I'm not trading this stock, have had a lot of success trading stocks that drop a lot to start the day, put in a bottom and then run back up and close above the price it started the day at. This has always been a good sign that the stock has gotten rid of those who were either looking for profits or were just not sold on holding long, panicked and sold. They are replaced by new blood looking for higher prices. Hopefully we have cleared out most of those wanting out and now hoping for another nice move up starting next week. GLTA
After the close yesterday, the morning started just about as I anticipated. The MMs took advantage of some people's emotion and took it down fast to round up a few shares for the next run up. As usual it worked, many people who have not done their DD or who trade with emotion bailed. They will look back next week and think what a fool I was....but such is the world of trading and investing.....just for the record, no trading here....long and strong and waiting for the big money with all my shares. GLTA true longs here
slapy, I will just hold mine as well just as I have been for a few years now.....and as far as IB, snoople or whoever he is at this moment, how are you ever going to believe anything from someone who doesn't even know who he is...LMAO
If it is a big Pharm partner, this is just the beginning of the run.
Guess the traders who were looking for a pullback into the teens just got left in the dust....for months we have heard, trade it and make money, you are missing out on so much money....look who is making the real money now.....this is great for all the longs who have continued to believe......congratulations everyone and much more to come.
Very nice action today...looks like we might see .30 before this day is done...GLTA
Yea probably will. The one good thing is it allows one to pick up some more shares down here. Picked up a few more this morning when someone got impatient and sold a few.
I think I'll hold my .06 ELTP shares for a few more years and anyone else can keep their shares of whatever stock they wish and I think I will be more then happy with my ROI. I'm sure other stocks will do well also but if anyone has stocks that give them a better return, guess I'll see them kicked back next to me on the beach sipping my Jack because I plan on retiring to the good life!!!!!!
I noticed the article you quoted said something about people just joining the stock board to try and influence the price. From looking at your record you seem to fit that category....Trying to manipulate the price...LOL
senderos, I usually think charts are a very good way to find support levels, etc but the buying I saw come in the last week or so was from a completely different group of investors then we usually see here. There were huge blocks going through that I have personally never seen in the past few years. Don't get me wrong, there have been some big buys before but not the quantity that was seen during this buying spree. Also it did not seem to matter how much the MMs raised the price, the buying continued. There seemed to be no care for what price, somebody just seemed to want in no matter the cost. They may have got the shares they wanted and if so then maybe the chart guys will get what they are looking for. If they are still wanting shares and come back next week with the same abandonment they came with before then I don't think the charts are going to matter. The other thing that could render the charts basically useless is if the company drops a press release about a partner or positive results from the Dec trial. If either one of those things happen I think those waiting for the pullback are going to be greatly disappointed. Of course even though nobody is going to admit it, I think many got left behind when the last round of buying came in. I remember reading for a week or so before it happened about how the stock should pull back more and many were waiting for that to happen before getting back in.
By the way, great trade last week. Personally I was too concerned about something being released about a partner or something else that would leave me behind without some of my hard earned shares. I made the decision quite a while back to not trade any shares and hold for the day that we see the big money. I believe that day will come and the way this traded the last week or so I am not convinced that it could not happen sooner then later. GL in all your trading and investing.
Great to have you join the crowd here. You can get a lot of good DD from many members here. You are right about having to put up with a lot of crap but if you look hard enough you can separate the real DD from the garbage. I think you chose a great time to invest here and think you will be very pleased with your investment over the next months and year. Again, welcome aboard and GL.
My wife has had very bad migraines for years and takes Imitrex which is a very expensive prescription medicine. I just got involved with the stock and asked her if she would be willing to try Lipigesic the next time she got a migraine. We live in a small town called Jasper Ga which is in the mountains of northern Ga about 60 miles or so northeast of Atlanta. We went out to the local CVS today and found them, so bought a box.
She also has two nieces who also have migraines and she told her sister(their mother) about it and they also are going to try them out. My wife used to have the migraines very often but now it is something that she only has on occasions. I think both of her nieces have them quite often so as soon as any of the three uses them I will report back their feelings on how Lipigesic worked.
As for me I believe the company has a great thing going here and with a very manageable share structure I continue to add shares. Looking forward to the coming months...GLTA
You got it...you will see the same type transactions every time they pay Elite a payment....all for a great cause as we keep moving on up...GLTA
Agree, this is a long term hold for me. I can see good things happening in the next year or two.
gamgod I think you and I were playing leap frog with each other trying to be the top bid...LOL I finally just jumped up and took some off the table at the ask.
I have been taking a few of those shares that are on the ask today as I have been clearing some funds selling some other things. Now there are 24K at .0369 and 573K at .037. Benchman is right though, the large order for sell is for 544K.
Congrats mrwrn2010!
For anyone thinking of investing and you are reading this board, please take a look at everyone's prior posts before believing anything you read. We have a dog that has made about ten or fifteen predictions and statements in the last 6 months and every single one of them is false. As my friend likes to say, the best way to invest is by the anti dog approach.
We have some very good posters on this site who provide a wealth of DD. Just check out each individuals posts and you will see pretty quickly who is trying to help and who is trying to manipulate investors.
The trial that just started says a whole lot about what is going on here and what the FDA thought of the trial that was just completed in Dec. Should be a very interesting next few months with more trials, the new patent, earnings and the conference call the middle of Feb along with much more. GLTA
Dr Thorfin, damn another doctor. LOL I have given him so much hell over the last year that I had to compliment him on his apology to the board and his thank you to those who do all of the DD here, admitting that he would have sold if not for them. I have already told him that hopefully he will not freak out on the first pullback we see and if he does I will be the first in line to let him know about it. Until then I thought it the polite thing to do to compliment him on his admission of being a pain and him thanking some of the board members. Thought it took a man to admit he was wrong
Congratulations poorme. I have probably been as hard on you as anyone here but I would like to say I'm so happy that you stuck it out and are now looking at huge profits with the rest of us longs. Just do me a favor and not freak when we get our next pullback....LOL Take care
You are exactly right, this buying is certainly not on speculation.
It tells me that ELTP is trading like every other stock does that is moving up, two steps forward and one step back but when it's all done trading the price has increased once again. You have been saying the same thing since the stock was .06....are you really not pleased with the progress the company and the stock price have made??....why don't you trade the thing if you think that is the right move???...why just continuously tear down the company with no valid information to do so???? YOU are in control of your account and your shares. YOU can do anything you want with those shares. Trade away if you think that is the best route to take, nobody is stopping you.
You need to do some more DD, no need for a RS. I could give you a long list of reasons why no RS is needed but here is the main one. First ART product will push the price up to where they will get listed on a major exchange, so as I said, no need for a RS.
It looks like to me it has been on a steady climb since around .06 back in the summer. How does anyone justify complaining about that. If anyone has other stocks in their portfolio that have that kind of gains, all I can say is it has been one heck of a last 6 months for my portfolio. Man I'm stoked. Nasrat is more then living up to his reputation.....don't think we are too far off from trading in the 20s.......GLTA
Great post!!!!!
Great piece UPB
JB I'm curious how you went from the statement you made earlier that those selling the SEED calls now might be sorry in a few days to selling most of your calls so quickly. What changed your mind?????????
Love the chart here. Started buying a position here yesterday and added more today. Had planned on slowly adding for the next week or so but after putting in some orders this afternoon it became evident to me that this thing is ready to take off, so ended up adding a lot more shares then I originally intended today. I cleared some more money right before the close and tried to add another big hunk of shares but the MMs sit on the order and finally gave me another 100K. I was looking to add quite a bit more then that but they sit on it until right at closing time then filled the 100K and left the rest unfilled. Tells me they are ready to let this thing run with any volume the first of next week. Looking forward to a nice move. GLTA
Happy New Years to you Laser as well as everyone else who frequents IHub.
For the same price I can have a chew, a drink of my choice to sip and the same amount of energy.
Guess it would have never happened if they had not listened to you LD.....Great find tenpeni....company continues to get more and more exposure for their product....this next year should be very exciting.
I just received my first order of chews today and I must say that I am very impressed. I was up until 4 AM last night and had to get up for an appointment early this morning so I only got about 4 hours of sleep. I had a very busy day and was pretty much exhausted by this afternoon. I picked up the chews in the mail about 5 as my wife and I headed to dinner. When I finished eating I told my wife I felt like going home and taking a nap but she had the idea that we needed to go shopping. At that point I remembered the chews and decided to pop one. After about 20 or 30 minutes I realized that I was feeling just fine. It was great to be able to take something so easy and have a nice energy burst. It lasted for a good 5 or 6 hours so needless to say I was very impressed with my first encounter with the LiveWire Energy Chews. I had one of the Cinnamon Fire and it has a very nice taste, like eating candy. My wife tried one of the Mint Chocolate and even though she was impressed with the results she was not very fond of the taste. She said she would try one of the other flavors tomorrow.
It was a very positive experience and made me more confident in the product. As long as management takes care of the business plan to get distribution in some key locations, I think they have a winner here. I have been adding shares at different levels and after trying the product today it convinced me to take an even larger position in the next few months. GLTA
Thanks for the update on the website...This is great news.....still adding to my position down here....Even without news expecting a big push up in price from Jan effect but if we get some good news about new or additional distribution we could see prices move up into the .05 to .10 range in the next couple of months. Regardless, willing to wait until this story plays out...GLTA
Great article...just a matter of time until the investing world knows the name Elite Pharmaceuticals.
It is certainly a good time to get the word out as this next year should be a great time for the company as well as a nice pay day for those invested. IMHO
I agree DD, Not only should 2014 be a big year for LVVV but now is a great time to get in for both investors and traders. Some tax selling has brought the price down in Dec but the last couple of days it has begun to rebound. The next few weeks should bring some nice gains back to the stock price and a great opportunity for anyone looking to make some cash. Also anyone looking for a solid company to invest in that actually has revenues should take a look.
Conix, the facts are that sometimes the charts are right and sometimes they are wrong and anyone who says different is just trying to pull the wool over someone's eyes. Charts can be very helpful in both trading and investing but most of the time they are not very accurate for OTC stocks. Just too much manipulation to get a truly accurate picture. The big board stocks come a lot closer to giving a truer picture with charts. The problem is that I have seen people on here who actually believe it is easy to read the charts and make money because you make it sound that way. The saddest part is probably 95% of those people will lose money trying to trade OTC stocks by charts and yet you continue to make it sound so easy and make fun of the longs for buying and holding. Thankfully most of the people who post here are seasoned investors and just laugh off the fact that you make it sound like it is so easy to make big bucks trading this and other stocks. Nothing could be further from the truth. I just hope you don't convince some of the novice investors to try your so called fool proof trading methods. Please don't come back and tell me you don't make it sound easy because you do.
I have been trading stocks for more years then I care to admit and I can tell you that making a living by trading is one of the hardest things one could ever do. As I said earlier, probably 95% of the people who try it lose their butts along with many who have lost their life savings. It takes a discipline that most not only don't know but most can never be that disciplined. If you truly make a living trading stocks and by trading, I more refer to what is called a pattern day trader, then more power to you. Trying to convince the others that people who are buying and holding are not making the money they could if they would just use the charts and trade well IMHO that is doing a disservice to the many people on these boards because so called day trading is something that takes a whole lot of experience and then anyone who thinks charts work on a continuous basis for OTC stocks, well let's just say I have seen some of the smartest men I have ever known make a million and then lose it all back very fast thinking they have it down.
You may be the exception to the rule and may be making money trading these OTC stocks by charts but as my mentor used to say, THE GAME IS NOT OVER AS LONG AS YOU CONTINUE TO TRADE.
Good luck to you Conix and I really mean that but I think you should really think about some of the comments you make about people are losing out because they are investing and not trading. Dangerous talk my friend.
Come on DD don't listen to the company officers, don't you know that LD knows more about what is best for the company. It never ends on these boards, someone always knows more then the company about how to run their business. I have been saying for years if we could start a company and let all these Ihub experts run it, we would all retire and live on a beach sipping drinks with little toys in them. LMAO
The last few days of trading have been very good for the stock. Some sellers, either end of year tax selling or some that may have lost faith are now gone and those shares are now in stronger hands. The float is so small that any time we see some big buying this thing is going to take off and make a nice move. I think in January we will see a lot of those who have sold for tax purposes getting back in which along with the normal January effect should help propel this to higher prices. Keep adding at these low prices and hold for the real money in 2014.
But wait what if the traders want to continuously say I bought near the low, sold near the high and have repeated it over and over....LMAO
Very nice day of buying. MMs took the price down hard on a small amount of selling but it's obvious how few shares are out there as the buying today has made up almost all of the loss the stock price took the last few days. It's also very obvious how small the float is here and with the right news we could see some very nice gains. Add in the January effect and I think by February we are going to be very happy with all the shares bought at these levels.
The obsession with Amazon is ridiculous. The company needs to spend their time and money on physical locations. That is where big sales will come from. If they decide to add Amazon in the future, fine but it's not a big deal either way at this point and to continuously put down the company for not having a presence there is downright childish. If you want to mention once that you feel that is a route for them to take, fine but to go on about it post after post is not doing yourself any favors.