[b]I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.[/b]
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N2K... negative arguments against Elites technology are also-ran.
Said Elite would never file and looky where Elite is
Just a matter of when not if approval IMO.
Lasers I don't have a clue as to any possible FDA candidates.
However... Delaware has enacted some new laws.
http://www.delawareonline.com/story/news/health/2016/01/20/bills-attack-heroin-overdoses/79047386/
There was another blip on a Philly station about Delaware heroin and prescription opioids today. Will see if I can dig it up.
Consider it the gift that keeps giving.
ADF labeling conference coming up very soon in March. I believe it is March 9-10.
Thats okay John. Price per share right now does not really matter when the BIG PICTURE is in view
Can you see it John? The Big Picture? Do ya?
LOL
Got it. Thanks.
And thanks NASDAQ. Both helped clear it up.
Nasrat as Captain Ahab; Pfizer as Moby-Dick
The whaling ship Pequod as the Northvale facility.
Ride that whale..... $$$$$$$$$$$$$$$.
Another buying opportunity. yawn. NEXT!
NASDAQ thanks for mentioning that. In the meantime Elite can possibly use a two bead approach... no?
TIA
And Couch this is only the $400 million Oxy IR space.
Did I hear him say 1 or 2 more NDAs this year possibly?
If Elite can capture parts of another opioid market or two it will be additive. Everything is cumulative. All $$$$$.
ALso switching gears... can understand why Epic is delayed in submitting dantrolene and loxipine filing to the FDA. Oxy IR.
Can also understand why Elite is not as concerned about these two generics as they had been in the past. The EIL-200 505(b)2 NDA filing may have something to do with that.
CC before Nasrat had said that it was important to get these two generics out there. Not this CC. Execution of his plan is working out so it seems.
The Epic Oxy 15% revenue to Elite is huge. Epic makes even $20 million in net revenue.... Elite will get a $3 million portion of that. Just using $20 million as an example. Know nothing about what revenue Epic expects.
What I do know is what our facility makes on generics and it is nothing to sneeze at. I am sure Elite will be able to use the monies toward a phase trial or two possibly paying for them.
Correct.
During this CC questions were answered but people are still guessing. Nasrat provided some color without giving much of a clue
as to the direction Elite is going with regard to partnering.
Will Elite partner with BP? Or not? Maybe go it alone? Or not?
Did mention Pfizer blazing a trail for Elite with two opioid formulations.
I agree "Doctor" Purdue needs a miracle. Not even the Pope can provide that though. Good luck with your Purdue "Doctor".
The "dumping" has turned to steady ELTP share price on heavier volume.
Think word is getting out there Rich? LOL LOL
Slightly down? On 360K shares? Gee I wonder what that could mean.
Seriously Snup?
Maybe Bill McCoy is bootlegging Elite shares aboard the Arethusa.
In some parts there is a prohibition on Elite shares.
Bill McCoy.... gentleman Bill....the real McCoy... can you grab me some shares Bill McCoy?
TIA
mts good post.
Yes... I have played this game before. Nothing new. Elite is in a very good position.
No matter what is said during the CC (or is not said) just smile.
There is not one pharmaceutical in Elites enviable position.
It is coming and not a thing they can do to stop it.
Maybe back to Amex then? or NYSE?
Not hard for me to imagine.
LOL LOL
Elite is "treading water" .... until earnings....
That one is a classic Lasers.
And all this time I thought Elite was sinking..... LOL
(wink)
I agree "Doctor" it is not that difficult to imagine Elite
on NASDAQ. Nor is it difficult to imagine why volume is so light today all due to the fact that nobody wants to let go of shares.
Not even the MMs want to recycle today. It may cost them. LOL LOL
Seriously? LOL LOL
How time flies... valuation was done back in the fall of 2013. Thanks NASDAQ.
So back then Elites market cap was what? $29.95 million? In the fall of 2013 maybe slightly more.
So now Elite has a market cap of about 7.4 times that of when the valuation was done by an independent outfit.
And some here expect others to believe the value has declined?
ROTFLMMFAO!
Ill take my Elite shares with the special sauce lettuce cheese pickles all on a sesame seed bun. No flipper fries please.
Yeah your right. LOL
Do your homework. Ive done mine and think approval is not as far as some make it out to be for whatever reason. Just my opinion though.
You think 6-9 months away..... thats your opinion.... no problem with that. Good luck to you.
Not saying your depiction is not right BostonTrader.... just that
this may come much sooner than folks think. Better to be locked and loaded then to be chasing this up should it come sooner than expected.
Boy scout motto..... "Be prepared"
That "valuation" was also done about two years ago. Wasnt it 2014?
Or was it even earlier? I know Elites market cap wasn't what it is now... thats for sure.
No2koolaid... didn't you know? Elite also makes tacos. Talk about folks that dont do their homework... what a classic example that was. LOL
Maz I would like your opinion on the trading here. Volume has been very light. Share price was sent down just slightly.
End of the day today it looks like it may recover.
Do you think two or three market makers are selling and buying among one another trying to bring the price down artificially?
Have seen this intraday pattern before with Elite.
Yeah negative phase III results. Unbelievable isnt it?