FNMA ... Money in the bank
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How is Atul M. Mehta related to ELTP
This was on march 21, yesterday. This is awesome news. This has been in the works for almost 4 years.
THIS WAS JUST APPROVED YESTERDAY IT LOOKS LIKE.
Ok, sweet. I've just never seen at any of the local GNC's here in Utah.
When is the yearly report due?
Has anyone ever seen these products at a GNC
wow, congrats to everyone that held longer. I definitely sold too too too early.
I thought taking a 16% profit would be good. Oh well. I guess Nobody ever lost money selling at a profit.
GLTA
Holding onto mine
Do u have an opinion if and how big the 4th quarter net loss is? Or net income
So it's all just speculation on the increased volume today? Looks like heavy shorting or some big dogs just trying to exit.
Very interesting that people are willing to sell when news is expected.
Maybe because the rest of the market has been up and ELTP has been doing nothing, maybe people are exiting to make other investments while the market is doing well.
With less than 8 trading days in the month, and the expected PR coming, interesting to see some people dumping their shares.
Looking at the charts though, it seems to be a pattern. Once it touches the 7's , it climbs back up the next few days.
I took my 15 percent gain and sold.
I sold too early though. Too scared of the yearly report.
So next question. What will be an acceptable loss for the year, and, or quarter 4.
Like if quarter 4 is a net loss of 6 million, is that expected? Less, more? Just trying to see the average thoughts of investors.
Ok thank u
So when the share structure is updated when the yearly report comes out, what would be a good amount for O/S?
What would be bad?
8 million
10
12?
Are u still holding quite a bit
Have you been selling much at these prices?
Is Phentermine expected to be a significant revenue source for ELTP?
Or is this similar to the other drugs they are producing simply to get some sort of cash flow? This may seem like an awkward question, but I am no expert in pharmaceutical drugs.
Thank you.
Ok sweet. Correct me if I'm wrong but didn't they say this would happen next month.... during the CC last month??? So we should here something in next 2 weeks.
So the first shipment of Phentermine ??mg tablets is this month right?
Will this be a PR must, or just if the company wants to?
Don't worry, he's replaced the post with a new one about the benefits of marijuana.
Glad to know the CEO is a pot head. What CEO would post something like that? i deleted him from my facebook friends today because i'm tired of going on there and seeing half naked girls.
Bill has no class whatsoever.
GLTA
Haha i wish i could but I'm only 26 and in college. This is all i have to work with now.
bought in today. :) 120,500 shares at .08
Look at the share count increases in the last 4 months. Major dilution
Shorting is the smartest investment move for companies that are diluting.
Dilution is the root of the problem.
Stop diluting and shorts magically disappear.
Thank u for the responses. Looks promising.
When is the next drug launch. Does anyone really know? I hardly ever look at this stock but the recent .08 level looks very very tempting.
Obviously nobody really knows about Novel and if or when it will happen.
Any relatively good info would be much appreciated.
I just would hope to have some info as i will not read this daily.
The fact that nobody knows the size of the loss and no yearly report yet is fishy. Its honestly starting to seem like a pump before bad news.
I really have no clue what to think
I guess I'm just scared to see the quarter 4 results. Might be heavily in debt again.
Yeah this is a tricky one to predict
If next year they generated 300 million in revenue with 25 million in profits.
What do u think the market cap should be? ...hard to predict pps with the O/S changing so often.
Ok , sweet. Let me know when you feel you have another good find. thank you. you have made some expert picks. :)
How did you find this one?
I agree,im sure there are several companies trying to buy out the company.
Revenues went from 225 million to 300 million in one year.
Ok that makes sense. The book value of this company is almost equal to the market cap right now.
So oversold. Extremely low p/e ratio
How is your average 4.90
True, my thought process included a possible buyout because most of the shareholders seem to be institutions....and some may vote against a buyout for 19 bucks.
But if the pps is so low, then a buy out may look like the best option and they will vote for it.
All IMO. But i agree, something is planned. Those Mormons are smart peeps.
That's my point. This quarter was there biggest in revenue. Also international sales and that video game headset company performed amazing.
So why would they only talk about packaging on just the normal headphones?
They only focused on the negative.
Why would a CEO do that when the pps has continually declined.
These guys are not stupid.
Market value is now equal to owners equity of skull.
Did u listen to the conference call?
BUY OUT coming?
What's crazy is the stock was up 12% after hours when the numbers were released.
I listened to the CEO on the conference call purposely tank the stock for some reason.
I believe he was trying to tank the stock so the buyout looks better in the eyes of shareholders. we shall see in next couple weeks hopefully.