frisko6@yahoo.com
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 DN, green is better than red any day
Lannett's taking it in the shorts today, SAD, I thought they were doing well,
they got a bad report.
https://finance.yahoo.com/news/lannett-company-first-quarter-2023-113608994.html
did anybody see the CNS numbers from the last Q ?
OK OK, I get it, been here too long,
just would like to see a little SPARKEL,
WOW, I guess you don't live in the real world, make hay when the sun shines, don't talk about the negative,
something else will come along, be positive
sparkles and fire works
let me edit,
So Mr. kirkov doesn't want to say anything positive about the latest fins, because 6 months from now they might be BAD,
TUFF,
tell that to investors,
that will go over like a ton of bricks, for sure
OK jour, we shall see.
THX, imanjen, all we need is a spark, thanks for nothing Mr. Kirkov,
We will have to give him time
Don't know the parameters he's working with.
Did Nasrat squelch him down from this latest P/R ??
HEY, He's the one losing money., everybody loves a winner , If he can't put out the fact that Elite makes a good product and every body want's it, well that's just , ............
you fill in the blanks
What ? the best Q ever in the history of Elite, and the future looks bright.
SPIN IT.
What's Ill Legal about that
they have opened up a second shift,
SHUT ME UP
they can't make pills fast enough
what's the problem ?
OH yes, I get that, so he's making 150k a year pluss lot's more and he lets a P/R like that slip through his fingers , I don't get it
OK, one more thing, Where's Mr. Kirkov when we need him,?
he's getting paid a lot of money sit on his laurels,
I thought he was in charge of commercial.
Thanks aELmt, been waiting for this, but I was hoping they would add (Nasrat is pleased to announce the best quarter ever in the history of Elite and look forward to your questions)
you know,
do a little spin
something, anything instead of bla bla bla , copy paste from last Q
Just doing some Sunday research :
The pharma sector recorded 188 deals accounting for a value of $18 billion in Q1 2022, a marginal increase in deal volume from 181 deals in the previous quarter. Scope The report provides an overview of merger and acquisition activity globally in Q1 2022 in Pharma Sector
If Elite breaks 10 mill for the last Q, then they can realistically project out to 50 mill a year, not bad for, what is it now, a 50 man crew with the swing shift to mid night. The good thing about the second shift, they won' have to shut down and re tool to start up again, should be a seamless transfer, and any maintenance can be done after midnight,
There going full bore on the second shift
https://www.indeed.com/cmp/Elite-Pharmaceuticals,-Inc.-1/jobs?jk=6fa936c3d42e95b6&start=0
looking good
Doesn't say any thing about Elite, I read an article recently, the Pharma's are getting calls all the time , (,IS Adderall is in stock,? )
the pharmacies are afraid of being robbed,
Could it be that Lannett will not mention Elite ,,,in there CC.
lets get real
Tim Crew, chief executive officer of Lannett. "This performance was in part driven by increased sales of generic Adderall in response to a market shortage where we were able to maintain supply, the sale, at a better than company average gross margin, of certain products under a private label agreement, a continuing normalization of our product return rates and, a more favorable pricing environment than we anticipated. Our cash position was approximately $78 million at September 30, 2022; we continue to expect to receive approximately $20 million of
Let's look at this statement from our point of view ,subjective
Tim Crew, chief executive officer of Lannett. "This performance was in part driven by increased sales of generic Adderall in response to a market shortage where we were able to maintain supply, the sale, at a better than company average gross margin, of certain products under a private label agreement, a continuing normalization of our product return rates and, a more favorable pricing environment than we anticipated. Our cash position was approximately $78 million at September 30, 2022; we continue to expect to receive approximately $20 million of
THX
Thats why I went with 10.5, had a hunch.
New 8k on the ANDA
THX BONO
Well, if anything, it's on the books, a good template for the OxyContin trials coming up, the FDA and DEA know Elite, have delt with them for many years,
they run a clean machine, met every inspection and followed the Generic Adderall sales, every step of the way .
Thanks King, GOOD NEWS at last.
THX, I forgot about stocks 101, been a long time
My God what's up with that, TDA shows 104,000 on the bid at 32 and 51,000 on the ask at 359, still nothing, all I know is I would be pissed, and call my broker
looks like no one can buy or sell
So, I'm looking at the level 2 over on the OTC, doesn't make sense to me, they got over 350k on the ask at 4 cents, and it doesn't move, nothing moves, are they fake, or are we in an alternate universe, I just don't get it.
when I place an order with my broker, I better have the money to back it up or it don't fly.
and most of the time the order on the ask, goes through in a blink of an eye.
https://www.otcmarkets.com/stock/ELTP/quote
THX, It's probably Monday the 14th, after hours and CC the next day .
no different with the new CFO
Thanks for clearing that up, Weez, so can I ask,. Is there an outside chance Elite may get Lanett's API quota for the year ? just to run it out, being in the shortage we are in and how close in partnership we are with Lannett,
we both make money
Just got off TDA, I could have swore they said Fins on Nov. 14, couple of weeks ago, and now it's disappeared, must be Halloween , 14 days since I don't know when. Must be a glitch
This study for low dose ends in Dec. 22
https://clinicaltrials.gov/ct2/show/NCT05430152
but word is leaking out that it helps with covid fog
I didn't know XR sales are low, I thought they were high, only tablets are low, nobody shows on the shortage page low XR, cept Teva,
and my guess about Nasrat, (any way the wind blows), if Lannett want's more caps, they get more caps, if they want more tabs, they get more tabs, I don't know how the API gets distributed
Thank You, That should be Lannett, , they show no shortage, if they ask for more then they should get it,
Billy Bob's pill factory in Arkansas gets squat
Despite the shortage, the DEA has indicated that it does not intend to raise the limit next year.
YEP, ( they indicated and does not intend,) did we hear a definite
NO,
they may get a phone call
Well OK, jour, It's the FDA and DEA, perhaps they are looking at the numbers in years past , (work with me) the DEA only allowed X amount of
API per Pharma. because there were only X amount of people that needed it, now the number of people that get the scrips has doubled, so they now can justify the increase because they are running out.
OK, heads up, I noticed on the FDA 's approval page concerning Vigabatrin that Granules and Andora just got the label approval, we all know it's about the label, (how to take) if you notice and scroll up, they are in the same group as Elite, so it very well could be all Elite needs to do is clean up the label, before Dianne takes off the (subject to rems)
https://www.accessdata.fda.gov/scripts/cder/daf/
Well, yes and no, jour, in one of my links concerning the shortage the DEA guy said they were not thinking about raising the quota,yet, maybe could be, not on the table just yet,
it was about as wishy washy as you can get, there could be pressures from the higher ups. The men in suits. We're not done yet.
I've always said (Elite makes a good product) their formula for this generic Adderall is superb.
More trials on low dose
https://www.ibtimes.com/coronavirus-treatment-ketamine-naltrexone-being-tested-covid-19-drugs-2970324
this could catch fire
A bit of a re-hash on the shortage, but does recommend taking a generic and Epic was mentioned,
https://www.msn.com/en-us/health/other/what-to-know-about-the-national-adderall-shortage-and-how-it-might-impact-houston/ar-AA13r4JY
Am I missing something, they now want a Senior Corp. Acct., says been there 4 days, didn't notice
https://www.indeed.com/cmp/Elite-Pharmaceuticals,-Inc.-1/jobs?jk=90876900794c2b64&start=0
Sounds like a Catch 22, Mr. kirkov won't like that, the whole nation is begging for the Adderall and he can't sell it, or sell out what Lannett can't sell
Things change, there is a huge shortage, Elite may be able to sell out everything till next API allotment, next year, this is making Biden look bad