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.
Nice find. Does a new head of the FDA gets appointed in a new POTUS administration? In this case, let's say Trump takes office. I am sure Trump would like to trim the fat off in government and clean up the corruption. With Clinton, we see more of the same run around and might not see FDA-approval for SequestOX.
Cheers!
Don't worry about Aqua. I am long-term from the start. Feeling lucky again to take advantage of the FDA's decision, and to buy more shares. I am a long way from retirement. Ask yourselves where would Elite be 5-years from now.
Cheers!
Hakim made a strong comeback in the CC. If he had loss his credibility, then we would had seen 10-cents per share. Instead, we got more NDAs and a few more months the make adjustments to SequestOX.
Cheers!
Hakim's credibility and respect is still intact. What the FDA would decide is beyond anyone's guess when the system is rigged.
Cheers!
I believe Hakim has a chip on his shoulder with the FDA. He seemed more determined in the CC. Strong fundamentals and a diversified drug pipeline still puts in the driver's seat. Elite Pharma could afford the FDA's decision last Friday, which only made the process to approve its ELI brand of opioids much smoother in the future.
Cheers!
FDA is politically motivated by their lobbyists. Sooner or later implement the required tweaks, the FDA would need to approve SequestOX.
Cheers!
Pinch my but, the worse thing is that some shareholders got too emotional and overreacted by selling. If they are looking for someone to blame, then it is the FDA, Lol. Good luck to buying shares. My funds will clear in a few days.
Cheers!
Do we see this trade gap fill? Over time, I bet my money that it will.
Cheers!
Did the CC go well? Looking forward to hearing the replay today.
Cheers!
Nice to hear that you were not spooked by last Friday's FDA news. Elite will come back for sure. Waiting for funds to clear...
Cheers!
That is a possibility. Folks might see this as an opportunity or a threat. Elite just lost a battle but not the war.
Cheers!
Avoiding the worst case of a rejection was indeed crucial. Once Hakim and his staff meet with the FDA to identify the deficiencies and make the required corrections, then it would only be some months before we receive another review. This should set a precedence for Elite's future generations of its ELI opioids and smooth out the process.
Cheers!
This setback has not stopped Elite. It just made management to be more engaged in the process and to set a precedence for the Next generation of ELI opioids under development. This would not be as bad as when Lodrane-24 was recalled since Elite is pulling great revenues.
Cheers!
It all depends. If you are short-term, cut your losses short. If you are long-term, let the downfall occur and wait for the dust to settle before buying again. Elites fundamentals have not changed much despite the FDA setback with SequestOX. Elite will come back stronger as it continues to make strong revenues.
Cheers!
You know Aqua would grab those teens in a heart beat.
Cheers!
Aqua has not given up on Elite Pharma. Next week is when the fun begins with buying shares on sale.
Cheers!
The only thing I could give Hakim credit is he took a shot and missed. Elite is not out by a long shot and would have the opportunity to resolve the deficiencies with FDA. We'll be back. In the meantime, I look forward to picking up cheap shares next week.
MAHALOS and Cheers!
I am long-term and look forward to the CC. Let's be honest, the PPS might drop to the low 20s or less as some investors were banking on SequestOX approval. On the bright side, Elite still posting good revenues.
Cheers!
Link, please.
Cheers!
We still do not know SequestOX's status. Waiting to see news next week.
Cheers!
This was on the FDA website.
Drugs@FDA FAQ:
How often do you update Drugs@FDA?
"We make changes to the database every day, sometimes several times throughout the day. When we are notified that a supplement has been approved, we wait 24 hours to add the information, with the exception of special approvals."
Cheers!
An old investor by the name of Warren Buffett once said to "be greedy when others are fearful".
Cheers!
No way! The FDA recall of Lodrane-24 was a low blow for our shareholders that tested their patience and discipline. This is where emotions have cause setbacks for some investors portfolios.
Cheers!
Opportunity or Bust? A 50/50 bet, folks.
Cheers!
Do not let anyone fool you, MMs are always involved in the game. Most folks cannot get what they want in life if they are afraid to pull the trigger when opportunities stares at them in the face.
Cheers!
Got the champagne in ice. Just a matter of time before the word is out. Failure is not an option.
Cheers!
No worries, Couch. SequestOX is FDA-approved, imho. Anyone care to answer the success rate of companies being fast tracked?
Cheers!
We will know today.
Cheers!
Just filling out the paperwork I assume. Keep the faith, SequestOX is approved because Hakim said so.
Cheers!
Just MMs day trading to say the least. The true longs held as ELTP did not drop below 30-cents.
Cheers!
Sure, representing Elite Pharma in the 2016 Berlin Marathon. I just need to be on the lookout for those male refugees trying to pinch my butt. Looking forward to seeing the next generation of ELI opioids add to our growth and uplisting. I expect good news to come out any time soon. It is not the individual shareholders timetable that counts but the FDA's that hold all the cards on the table.
Cheers!
FDA-approval is on target. It sure would give Elite the leverage it needs to make SequestOX a household name in the ADT/ART opioid market. Elite overcame the drawbacks of the past and is now poised for passing another milestone towards its uplisting to the NASDAQ.
Cheers!
Don't be surprised if news is reported after the market closes and an official announcement of FDA-approval is made on the 15th, which is in fact "pay day" for some average Janes and Joes.
https://globenewswire.com/news-release/2016/03/17/820781/0/en/Elite-Announces-U-S-FDA-Priority-Review-Designation-for-SequestOx-NDA.html
Cheers!
Visiting Elite Pharma in New Jersey is on my bucket list. Plan to walk up to the front door and say, "Cheers!".
Cheers!
Approval is imminent starting today, July 14.
Cheers!
We are just getting started.
Cheers!
Looks like MM's went to great lengths to accumulate low, priced shares for it client-base, demanding to get in the game.
Cheers!
BIG MAHALOS! We should get a crack at breaking for the 40s.
Cheers!
Can't sleep; so, I got up early to put the bottle of champagne in ice.
Cheers!