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.
Amen to the part of being in a "I want it all now kind of world". I am blown away daily of the people invested in stocks who act as if their entire investment is dependent upon something happening within the next week, month or quarter. Anyone who "INVESTS" in the smaller companies needs to have patience as none of these companies are going to have overnight success.
If you are a day trader, that's fine. I day trade myself and use it as a way of making money to invest in companies that I believe have a great chance of making me some good money in the long run or in the next few years. Anyone looking to make a killing by putting their money in one of these small companies and thinking they will be rich tomorrow or the next couple of months is believing in a fantasy world.
Personally I like the chances of this company to accomplish some things that should bring the stock price to levels where we can all make some good money. We are in the early stages of the game plan here and I certainly don't think we are facing any critical situations at this time. We all like to see our stocks moving up but to say it's put up or shut up time is getting a little carried away at this point. IMHO
Continuing to pick up shares today...sure nice getting them at .035 and .036
Around 450K shares bought at .1286 in the last 10 to 15 minutes. If MAXM runs out of shares and this kind of buying continues it could be a very nice day.
Couch, the company has come so far in the last year and that is obvious to anyone who looks at the situation with an open mind. I can look at any stock out there and come up with many negatives but the key to evaluating a stock is to look at the entire picture. Some refuse to do that. I am looking forward to the next couple of years and wish all the longs the best of luck.
Picked up a few more at .0409
The shares are obviously tight. I have been picking up shares all morning but the MMs will not sell many at any level. Got some at .0365 and then some more at .04 but as soon as I put in an order they sell a few and run. Float is obviously very tight and shares are hard to come by. Any big buying and it should make a very nice move.
DD, I agree that today's news is huge. Looking forward to some big gains here and over at the other place as well. GLTA
Hey Drugdoctor, I am a fellow ELTP investor and read something you wrote on that board about LVVV a week or so ago. I have been doing some DD on this company since I saw your message and am very impressed. I have started accumulating a position and will continue to add to that position over the next couple of months. I still believe that ELTP probably has a higher ceiling then LVVV but now believe this may be the second largest undervalued stock on the market. Thanks for the heads up and looking forward to some big gains here in the next few years. GLTA
When I first found this stock a couple of years ago, I decided to invest a small amount and see how the game plan progressed. Of course I was fascinated by the possibilities the ART technology offered but the biggest reason that I invested was here was a company with home run potential and what I perceived as little to no downside. I know every stock has potential downside but most stocks with home run potential have a possible huge downside. Here was a company who was selling products, continuing to add products and a company who was working towards being in the black except for R&D costs.
The story just continued to get better as they brought more products to market and the quarterly income continued to increase. Now they have a future with over 20 products which they could bring to market within the next few years which could possibly make the company profitable, even with the R&D costs.
Now add in the ART trials which could result in a first product in a market of over 2 billion dollars and you have a company with tremendous upside and little to no downside, especially at today's prices.
I have been investing for many years and have come across my share of good opportunities but I have never been lucky enough to find a company with so much upside and so little downside. I bought my first shares around fifteen cents, then added a lot of shares in the six to seven cent range and continue to add shares, buying many more today.
In all my years of investing, before ELTP came along I had only recommended one stock to any friends or family because I never wanted to cause any of them to lose money because of any stock I told them about. I have so much faith in ELTP that I have recommended it to many of my friends and family with no reservations. All stocks have up and down swings but as long as ELTP remains on the OTC market it will continue to have some big up and down swings. Some will talk negatively about the stock when those down trends hit but I just see them as an opportunity to add shares at what I think are ridiculously low prices.
I've done my DD and I feel like this is one of the best investing opportunities most will ever see during their investing years. Is this all just my opinion? Yes but I have backed up my opinion with more money then I have ever invested in my life. I have followed the lead of our new CEO and put my money in because I believe.
GLTA the longs and even the ones who are trading the stock. Every stock needs traders but one day soon the traders are going to get left out in the cold when a huge PR comes out. I know they will all say they just got back in yesterday and everything is cool but when it happens there is no doubt that all the longs will be there for the prize. As many on here like to say, Got ELTP....You know I do.
This is actually a good day for the stock and stock price. With over 6 million shares traded, a lot of stock has been sold by people who were weak hands and that stock has been bought by stronger hands. Yes, some of the stock has been bought by traders who will sell on the next run but many are in the hands of longs who are waiting for the dollars. Usually when you see the price drop to lows that have not been seen in a while and rebound up where the price started the day, it is a sign that the stock is getting ready to move upward. All of the longs know that we are getting closer to the big pay day and as we see more and more bashers show up, it only confirms it. I have actually been hoping to see a trading day like today. Once we get the news release on the trials starting I think we will see the price start to steadily move north. GLTA
lasers, I agree that Dianne cannot speak for Elite in a sense that she does not make policy, only reports it when asked to do so. I wonder if they are still negotiating with someone who may want to be a part of not only the once a day oxy/nal but also the twice a day trials that are starting on Dec. 5. I know that Elite had decided to go this trial alone but if another company wanted to make an offer to be part of all the trials, this could be a reason for Elite to wait before making a decision if it would benefit them in the long run. Nasrat stated that he was in negotiations with one of the large pharmaceutical companies, so maybe it was for a bigger picture then just the 24 hour studies. If that was the case, it would benefit Elite to wait and see how the negotiations went before making an announcement. They probably would not be obligated to make any kind of official announcement until Dec. 5. Just a thought. GLTA
I believe an announcement on the start of trials will get many more potential investors to take a look at ELTP. The only ones who heard the conference call were mostly people who already know the story. Once the news release happens I think we will see more people interested in ELTP's story and we will see new investors buying and the stock price continue to climb as the months pass.
The confidence coming from Nasrat was inspiring to say the least.
The news just keeps getting better as the company continues to execute the business plan, yet I'm sure the negative folks will still find some crazy reasons to tear down the company. They have been yelling for weeks that the trials would not start on time and here we find out that they are right on schedule. Nasrat again proves that when he says something is going to happen you can put your money down that it will happen. Great days ahead for all the ELTP longs. GLTA
Could it be possible that a potential partner for the once a day trials wanted a poison pill in place before they would agree to partner with ELTP. Going on with speculation, could that be why the CC was postponed until Monday. The poison pill was put in place on Friday so an announcement could be made on Monday of that partnership. Just thinking crazy thoughts out loud on this Saturday morning or is it????????? GLTA longs and hopefully those who are not in don't get shut out by a big announcement pre-market on Monday.
Of course this is all just some wild thoughts coming out of my mind and is nothing that should be taken seriously.
Lasers, this management team continues to accomplish each and every goal they have stated. Monday's conference call should be very interesting to say the least. Great times for all holders of ELTP. Thanks for all the DD you and many more on this board do. GLTA
We must also remember that this quarter also included the company shutting down for a week to ten days in September as they do every year. This was mentioned on the last CC and can't remember if it was JT or Nas who said that this would cost them quite a bit of revenue this quarter. This makes this quarter look even better. With no down time next quarter and the payment due tomorrow, next quarters financials should be very nice. Of course the biggest thing is that the company has confirmed again that trials will start this year. All around great news. Should start seeing the price head up starting tomorrow.
Lasers, I know there are a number of longs grabbing some of these .12 shares. I know I spent a good part of the day clearing funds and adding to my total. I would like to thank all of you who give your time posting the great DD that we see daily. Looking forward to this next couple of weeks, should be fun for the longs.
That was a very nice one....now we just need ELTP to do something similar
Heidibrown, thanks for the private message. Don't post enough to pay for an account so can't reply there but wanted you to know how much I appreciated the info. Take care and GLTY
Look back at the chart of a stock with the symbol TMMI in the year 1999 and first part of 2000 or 2000 and first part of 2001. I can't remember that many years back LOL but pretty sure it was in January of 2000 when it made it's big move. The stock was less than a penny towards the end of 1999 or the end of 2000 and the following January ran to over $3.00 a share. They had a digital compression system that was suppose to be way ahead of any of the competition. A friend told me about the stock when it was hanging around a penny a year before the big move. I bought shares and held them but when the big run started I sold way early as it was the January right before the big tech crash that started in March. Day trading was such an easy thing through that period so I sold because I wanted more cash for trading. Anyway the moral of the story is I did see a stock run from not only pennies to dollars but actually sub penny to dollars. Like most tech type stocks of that time, it started crashing and then the company could not raise all the capital they needed to bring it to market. The usual money for shares deals and they got killed. Have not even looked at them in years but did do a quote check on them and saw they are about .12 now. May have done a dozen RS since then for all I know but that was one of those once in a lifetime type stories and somehow I was lucky enough to be a part of it.
Last time you predicted news you were only 24 hours off.....hoping you are right again and news is on the way. No matter when it comes though, we all know it's going to be soon. Adding at every opportunity, trying to get to that 7 figure mark in shares.
Wait Couch, you forgot the sale at .141 which was the response to a direct question during one of the many rampages we get amusement from. And yes you can bet I have my ELTP shares as well. LOL
And as each week passes and we get closer to the trial launch that desperation seems to grow. Those who are truly paying attention and have really done some DD know that the story here just keeps getting better and the stock price is going to continue to rise just as it is this morning. I love it. GLTA
Best post of the year, just wish some could man up or woman up and live by it. I have been investing for more years then I would care to admit and have bought many stocks that caused me to lose more then I would care to admit. But I have never went on a stock board and whined about the company. I made the decision to buy, the price at which to buy and there is nobody to blame but myself if that investment fails. At what age does one learn to step up to the plate and accept the decisions they make? Again, great post!!!!
I was not one of the lucky souls who picked up shares in the 05's but did pick up a lot in the .06's and .07's. In fact after buying my first shares in the .14's, I feel very fortunate to now have an average in the .07's. All of those shares are locked up and waiting for dollars. GLTA
Great list Couch......Still adding and holding ELTP. Going to be a great rest of 2013 and all of 2014 for all ELTP longs. GLTA
Keep telling yourself that....LOL I just keep adding more shares and loving it.
Maybe you should read it again without the rose colored glasses. Nothing there to help DCTH sustain a run. I wish you all the luck in the world but like I said, maybe you should reread the article that was posted. If you don't believe that one there are many more with the same message.
Read this before you get too excited.
http://www.thestreet.com/story/12056550/1/greater-fools-love-delcath-zalicus-on-orphan-drug-derpitude.html?puc=yahoo&cm_ven=YAHOO
LOL....I love these people who come in acting like they know what's going on and don't have a clue.......like a bunch of lost soles who act as if they know what they are talking about. I'll keep buying and tucking them away, our day gets closer every day....glta true longs
It's actually very simple, read the filings, then you will know instead of guessing wrong.
What price is on those shares?
The post that killed me was the one at the end of last week where the guy had bought in the .08's, sold at .102, then he put his buy order back in at .092. Was cheering for himself saying he had made a cool $4K and making fun of the long term holders who missed out on it. He waited to post it until the price started going back down and the bid was at .094. As soon as he posted the price started going back up and had never come close to .092 again. Can't remember his handle but probably disappeared to another board to repeat his great trading tips...LOL
I have never had any reason to doubt anything that Couch has said and as far as I know, he has always been up front and honest with everything he has said on this board. I don't think he owes anyone an explanation for anything and if anyone has doubts take it upon yourself to do some DD and find out facts for yourself. I call BS to anyone who is saying Couch must prove what he has said. He has earned that place on this board, maybe others haven't but Couch has. If someone doesn't believe him, prove him wrong, then you can talk. Also have a hard time respecting anyone who comes on here blowing smoke about they are doing this and that checking to see if he is telling the truth. Then saying there is no proof that he was there. Have a little bit of class, you want to prove him wrong?. Do it, then talk about it. Basically accusing him of wrong doing before you have proof is just making one look the part of a fool, especially when they are talking about someone with Couch's reputation.
Today was a very informative day for long time investors. Most of the things learned were things we knew would happen but getting a time table for some of their plans was great and made many an investors day. As always long ELTP and still adding monthly. Now approaching seven figures in number of shares. GLTA
Thanks Couch for all the information....great to get it first hand.
If you are a shareholder or thinking of becoming a shareholder of Elite, it is a must to listen to this conference call. If it does not get you excited, you need to go to the emergency room because you are near death...LOL
CEO stated if this was strictly an R&D company with the Abuse Technology and no products the stock would be trading at 10 times the price it is now. He stated that people see the revenues of 700K and think of it as a small company and doesn't really look at the abuse technology possibilities where if that revenue wasn't there, the possibilities that existed with the abuse technology would be the only thing for investors to look at. He said it makes no sense but is the truth.
Those of us who are long term investors and still adding shares at this price are certainly not complaining. Some of the people who got in with the intention of making some money in a shorter time frame are disappointed that it is not moving sooner. In the next year or so these prices will be a distant memory but as long as the manipulation continues and as long as the company does little to no promotion, the stock price will continue to lag behind where the true value is.
At this point I have no problem with the price being where it is, as I continue to add shares every month. I really believed that the time we could add shares at this price would be long past at this point but am certainly not complaining that the opportunity still presents itself. It's only a matter of time until the price will not be able to be manipulated as it is today. Once the company decides to promote the stock, these prices will be gone forever.
It has been fun watching level II today as NITE, CSTI and MAXM take turns putting in the highest bid to cover some of the shares they shorted when the news hit. There for a few minutes they were jumping each other by hundredths of a penny until CSTI finally jumped it a couple of tenths. This has been going on ever since the volume died down. I kept hoping JT would drop another news release just to see them scurrying to figure out how to handle it....LOL
Lasers without going into a long explanation of how, the answer is yes!
ELTP.....huge volume coming in after record earnings....conference call at 11:00 should send this even higher
ELTP is one of the best turn around stories going. We should see the price back up in the teens very shortly so this is a good play for both long term investors as well as momentum investors. Things just keep getting better.