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.
Thanks,
Great Info.
"Did not like the late day fade. "
IMO, the volume started slowing and a buyer was sick of chasing ELTP. They threw out a Lg ask, which was never touched. But it had the desired effect and caused all the activity to be below that level.
I would bet that the same thing will happen tomorrow 2:00 - 2:30 ish. If volume is slow at that point.
In the morning if the volume is brisk, you will not see 150k plus sells as the buyer does not really want to lose shares.
Looking forward to lg volume days, next week maybe.
All imo.
Both great picks and promising charts.
I have followed ELTP and believe that short term it could be huge, a 300% run is very doable. IMO
The ceo just bought over 200k dollars worth!!!!
GLTU
Someone just put up a 150k share ask.
Looks like they want a lid on it to buy more.
I would not be surprised to see it get taken out.
Really looking forward to the CC. Usually have low expectations of the CC. Great ,but just standard info. This one we will get to hear about the meeting with the FDA and filing status. Can't wait.
I asked IR, She said she would be very surprised and not expect 2 this year.
THat was about 2 months ago.
GLTU
Has anyone gotten a call back from IR?
Love to see us break above 30 and hold.
"eltp is getting ready to show us those 7%-10% daily gains
of yesteryear. "
I think there are many potential pr's that will cause a very strong run with many Lg volume days and dime movements.
But as you and others have stated the huge money is a year away.
GLTU
Its moving on such little volume.
A positive pr and we will move up very very fast. imo
The CEO has given the shareholders 2 huge hints in the last 3 weeks, as to where he thinks ELTP is headed, one to the tune of over 200k of his own money.
A no brainer buy,. imo
What about the fundamentals and your DD makes you think this is a POS.
Why do you think the CEO just bought over 200k of ELTP on the open market?
List an ART ADT method you prefer and why you think it will out preform Elites. LOL
GLTA Longs
Sorry, no they were not, misinformation.
Before the last CC and Q you were stating LPC was selling shares nearly every day.
They weren't, Now we hear it again, they aren't.
How much of the LPC deal did Elite use last Q?
"quota of revenue" That is not how Elite has increased their rev's over the last 8 Q at an average of over 70%. per Q. Nor how any company brings in revenue.
GLTA Longs
A sales and marketing partner will get a small percentage of the profit. IMO
I am with ya, "this string is taut,"
I think could move up to .38 without much problem.
I would guess that the new hires are sharing their thoughts on Elite's adt to close friends.
Thus the upward pressure on the stock.
Folks getting in now are getting in on the ground floor. imo
GLTA Longs
More money to buy bayp with.
very nice post.
GLTU and all longs
ElTP
Pretty surprised the volume is low.
The OTC is a traders exchange, and does not look at fundamentals very much.
Elite is in the best shape in years on all fronts.
It will not be long until the price breaks the 50 dma on high volume and we will begin what imo will be a long hard run.
One day the fundamentals will bring us to a much better exchange.
Been gone for a few days to visit my daughter at a small school in Knoxville. (Johnson university).
I see that Elite has continued its all out assault on the opioid ADT market. IMO the new hires along with inside buys by the CEO are about as big a vote of confidence in Elite's tech as you can get.
I also would guess the meeting with FDA has already taken place as I am doubtful NH wiil/would pr it.
I did expect to see the complete results on the HAL studies pr'd, but may be not as we will see nothing new.
GLTA Longs
ELTP
ELTP very LG on 1 and 3 hour Ihub buzz cloud.
The 1.25 million is great news.
Imo a lot has been going on in these last few months that will come to light and fruition in in the next few weeks.
We may have a few positive surprises, but those who have done their DD will not be surprised, NH has clearly told us what to expect.
GLTA Longs
LOL Ya lots and lots of CEO's just take stock for pay, don't sell any on huge runs, loan the company a million, unsecured , and buy 100 of K's worth on the open market. Happens everyday on the otc market.
I'll get back with on links. lol
By the time they do, you will pay north of 2 Dollars a share.
GL with your purchases once Elite launches their first of many ADT products.
GLTA Longs
Why wait?
Trying to reduce your risk?
I am sure their are many who will not jump on board until certain goals are met.
G:TU
I would not be surprised to see the year high tested before eoy.
I did not even think about the gap this am. I do remember on the run from a dime to a dollar it was amazing how most gaps were filled within an hour, than up another dime. Those days are in the very near future, imo.
The ceo is betting they will get approved.
Taking stock for salary and buying 700k more shares on the open market 2 weeks ago.
Why do you think he would so that?
He is not in this to lose money, nor has he shown any interest in selling shares. Why?
GLTA Longs
IMO it will very difficult to purchase a good size block this week without driving the price up several pennies.
It will be interesting to see if the person that has put ip the LG sells shows up today. They were hit on Thursday and Friday and went away.
IMO those that wait for a pull back this week are playing with fire.
I am expecting several positive pr's before eom.
Everything on track for ADT filing in 2014.
GLTA Longs
Possible,
But imo margin calls force people to sell non margin stocks under such conditions.
But I am here for the long haul, following NH money.
I bought a little bit in the .26 range, only regret is that I could have waited on the shares I bought at .30ish.
To me it looks pretty obvious that the person manipulating to buy is done and we return to .30 on light volume.
I think we see some very positive pr's before eom.
IMO the seller still wants cheap shares, has thrown up 800k and 100k sells, as soon as they were hit, poof they were gone. I can't think of any other reasonable explanation than person want to stir up sellers to accumulate a Lg position below his ask.
I remember similar action before the last big run. FWIW
GLTA Longs
"Someone will be crying when the 800k shares get picked up fast"
That will be great to see, it is gone for now.
IMO very obvious manipulation. But to my frustration, very effective on low volume.
I believe NH will bring Elite's ADT to market, and will be here when it happens.
I wish I could time the market, don't we all. lol
I am here 3 almost 4 years.
I think Elites time to shine is very close.
Frustrating to see the price get creamed.
GLTA Longs
Welcome.
Should be a very telling few end of 2014.
GLTU
"CEO buys rules out impending partnership/buy out"
Might be viewed that way but all it means is he had no signed papers at time of buy.
We will see a marketing and sales partner by eoy.
Keep on posting. GLTU
ELTP
No I doubt that they will not be answered.
I hate when I push post once and it does nothing, wait a few seconds and push again, nothing, so then you push twice and it double posts. lol
I am hopeful short term .28 is support. But I am confident NH did not buy 1/4 million dollars worth of shares last week to lose money.
Thanks it was intended to be funny.