[b]I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.[/b]
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Nasrat is not necessarily selling his shares when other shareholders sell their shares. Also he has to file to sell. And he will opt for a buyout....... but when?
Yes Jour, I agree. Your assessment about that accurate.
Accumulation distribution line is going up up up, while there seems to be some dispute about this claim, and some claiming Elite shares are going down in share price. If there are big sales of shares how in the world is the accumulation still going up up up?
Chart shows an increase in accumulation distribution.
Bollinger bands tightening while share price moves to the middle of band range.
50 day/200 day mean average have been shadowing one another since April 5th. NOT A TYPICAL EVENT. ATYPICAL.
BUY signal with bullish harami cross.
BUY Just came in on Friday, Was stay in cash, but now is BUY
Bullish Harami Cross not to be confused with a bullish harami.
Baby doji folks.........
Signal has come.
And again CRLs are not rejection letters. They are complete response letters.
Why will Elite get all of the ADF labeling the FDA requires?
Refer to NASDAQ2020
SeQuestOx will be THE Safest IR opioid in the world when appoved.
https://i62.servimg.com/u/f62/18/54/02/11/ph_i_p12.jpg
Gman I may have to contact a mutual friend this weekend. Elite looks poised for a nice big fat run.
They cannot buy what is locked away. Accumulation still continues to climb.
No claim. Fact!
A baby doji on the way. Latest candles hollow.... buying.
Fact!
Thanks for the insight Pete. And thank you to all of those who gave their time frames as well.
This is to mick. Mick saw you on another board. Just hang in there. Bullish harami cross and the 50 day MA has been along side of the 200 day MA for a few weeks now. Ever see anything like that before? I haven't.
Time for an IND with PharmaCyte. Maybe a baby Doji will help me get a better position in PMCB.
All my best to you guys!
JJ
Please expound on this investigation claim. Also provide any and all links
to these allegations.
Longs know Elite is being investigated by other companies such as HumanWell
and SunGen. Elite has already brokered deals with SunGen.
Could a SunGen partner not be far behind? Time will tell.
Since there is a bullish harami cross with a doji as a result there may also be more added pressure to shake some shares loose.
I do agree that Elite is being investigated by other pharmaceutical companies to see what potential future impacts Elite could have as a business partner. SunGen being one, HumanWell the other, as well as possibly a few other entities not mentioned... yet.
As 50 day MA average rides with the 200 day MA it is only a matter of time before the FDA approves one of these ANDAs.
Then there is the NDA, SequestOx.
Good catch Uboat. Nice to see you catch the details.
Was wondering why they mentioned prostate cancer.
Nice to see testing coming along for the IND.
Bull shit.
Just a matter of time Hondo. Three factors that are both intriguing and
evident.
First the 50 day is right along side of the 200 day mean average.
This has been ongoing for a while now. Personally I have never been in a stock that has done this.
Second thing of note is that accumulation still ongoing at a steep rate.
Third bullish harami cross, not just bullish engulfing here.
Things are about to happen in a VERY bullish way for Elite.
Very doubtful Elite will be bankrupt any time soon. But some can dream...... can't they?
Okay, and all of these well respected doctors are putting their reputations on the line...... while some who post here claim this is a scam.
Once the date is set for the Phase IIb to start it will just be a waiting game.
No scam here. This is for real folks.
Yeah, back then the FDA also told Elite that the Tmax which Elite had disclosed to the FDA was a "labeling issue".
Big differences this time is that I am saying cannot stop Elite, not Nasrat. AND the other difference is the reformulation in which I think I know what Elite did to expedite the API release. FDA would have to get rid of a very prominent McNeil formulation if they diss Elite on this reformulation in which two variations both met FDA requirements.
GLTY
It is coming and there is not anything ANYONE including the FDA or Big Pharma can do to stop it.
When SequestOx hits in its reformulated version it will pave the way for other IR ADFs by Elite. Abusers will have t turn to heroin which the federal government will gladly take on.
No more McKesson..... no more Big pharma cranking out opioids now that there is a solution... SequestOx.
Many are already locked and loaded, although I would rather buy shares
at a fixed price rather than buy at market prices. And you?
Nonsense....... CEOs have little to no control. Like going down a double black diamond as an intermediate skier, little to no control, just have to ride with what the FDA gives you. One must do as they are told to do by the FDA.
There will be major competition in this area. The world diabetes market is north of $250 billion. Plenty of room for a variety of answers. CiaB may well be one such treatment.
Cannot get what the MMs cannot give when shares are in short supply.
Only 18K traded so far. Volume anemic.....
Plenty of shares? Well sure if you consider 17K shares plenty of shares.
Yes, low volume that's a tell of things to come.
And the volume is getting constricted as well. Compressibility is beginning to show.
Laugh now........ cry later.
Shares now in strong hands, but feel free to shake the tree for more if anyone is willing to give them.
but but but nobody is buying rocioyogi.
Yeah, share are in stronger hands than ever. Those holding just in waiting mode. Those Elite shares being traded are more than likely being swapped between MMs. They may try to coax more holders into selling with a few larger trades among one another. Don't fall for it. All a grift.
Just kicking it back.......... waiting.
Ever see the 50 day a twin of the 200 day mean average for a week or two?
Me neither. Not typical. I like your thinking. Good luck to those trying to break the price down. Price is about as flat as Twiggy.
Compressibility factor is very low right now. Z=pV/RT. Compressibility factor is used as a correction factor to ideal behavior. Sometimes used in stock analysis as well. Elite is unusual at this point in time. 50 day/200day is an indicator of this phenomenon.
Elite can only contemplate such a move with much larger revenues.
Even if Elite gets one of it's larger revenue making ANDAs approved, they will need the money coming in to help support the ramp up of product going out.
A buy back will not be happening for a while even after a few ANDAs get approval.
JMO.
Opioid problem is not a crisis.... it has moved to a state of emergency in some states like Pa. NJ and D-ware now shifting money to battle this state of emergency in more states than just Pennsylvania.
More pressure must be put on the FDA to get something out there.