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Sadly, I think this will only recover if it gets another pump from matrix. I'm holding a heavy bag. Played the flip well the first day, got greedy the second.
Some volume!! Let;s keep it going...
My bag is getting a little lighter..... Still down 50%
Ugh. My bag is feeling heavy....
same here. My bag is full of higher fives. I too am optimistic that we will see that level again. I was really hoping for a breakout back to a penny. We will have to be patient and see if that ever happens.
I hope so. I'm holding a bag at the moment, but will continue to hold until a penny or more. I am hoping we test the 012 resistance. Gotta get through 36, 45, 67, and 89 first though. Hopefully this will head back up. Oh the fun we have in the pinkies.
Interested money has gone elsewhere for a while. I think it would only take a couple grand to get nite to move. Maybe next week.
Here is an interesting idea from the corporate warfare files.... Elite sells Novel for a boat load of cash. Buys back just enough shares to reduce the float and expose these 4.9% share holding agents for big pharma. Big pharma gets sued by JT for stock manipulation. Elite gets even more cash. PPS soars without manipulators holding it down.
I realize this is totally far fetched, but not outside the realm of extreme possibility. JT took on BAC and won. That's about as big of a big player that is out there.
Well, looks like some are headed for the exits. bummer.
Exactly. I really hope we hold 45 today. Next resistance is 66, but next support is 36. Could go either way.
150+ posts today on the IHUB board, 119 trades. LOL
News would be awesome. Depending on volume weighted averages, I may hold beyond 88. Next leg after that looks to be 122. That would make for a nice double. I'm currently holding a bag full of 58s.
64 minutes, no trades. Guess people are holding on to what they already have.
I am holding tight to my shares for now. I was hoping to trade them when we retested 88. I can wait a couple more days I guess.
Watching this paint dry is putting me to sleep ZZZZZZZZZ
that is what otcbb.com had for a structure. Agreed that it seems low.
Only 20,300,000 shares in the float. Even on this average volume day, half of the float has still been traded.
This could go either way. Tough to tell from such a young chart. This is either a consolidation of the reversal of the past two days, or the recent uptick was just a retrace of the down trend. My shares are hoping that this is the former.
Which application number? Which patent?
Save some powder. This may retest 36 before it moves back up.
.015 would be very good indeed. Let's see this close at 66 or above today and I think we could see that penny next week.
IMO anything in the 4s is an easy two day double. Load what you want to double!
Been in and out a couple of times. If tomorrow has 20M+ volume, once 0066 is tested, next stop is 0089. Any kind of news and this one is back in penny land. Not sure if there will be a pullback tomorrow at all. Is there is, you may be able to grab a few 0045s before the next leg up. Chart looks really good to me with a very high volume close over the 20 SMA. RSI has room to run as well. This has a low float for a 000 stock so the moves can be significant in both directions. I think this retests a penny this week. After that, who knows. Definitely one to have on the radar, but not one to fall in love with. Short term this has great trading potential.
The total number of shares traded today was 3.6x the total float. Savvy traders will make bank on this stock. With only 20 million shares the float can dry up awfully quick if a couple of investors buy and hold even if only for a couple days. I will be interested to see how the pps tests resistance tomorrow and what the volume will be.
That chart looks juicy! High volume close above the 20 MA/Middle Bollinger Band is very bullish for a continued uptrend. If we break resistance tomorrow at 66 the next stop is 88. Very possible we see the 8s tomorrow.
Looks like resistance for tomorrow is going to be 65. If we break that, 88 is up next!
Chart looks delicious.....Good call!
I'm playing along. Got my million shares. May see 8s tomorrow!
Exactly. It really can good info for the contrarian :) I am confident these next two months we will see a significant move upward in pps and base at a new level.
American Bulls uses such lagging indicators that they are almost always wrong or late. I can't put any real confidence into their analysis, especially in a sideways trading stock.
We gotta hold 9 today! Come on folks. Slap that ask!
Several years ago the company estimated the market for Eli 216 at $800 million.
I'm no expert either, but I do agree if we don't bounce off 005 then we do have bigger probs as that is the 200 ma support. I just hope some other stocks in the sector don't have the dead weight effect on ERBB. it would be nice to see the stocks move independently of each other, but that isn't the case yet.
I hope we break 8s tomorrow but I don't think we get there without news. The whole sector has been clobbered this week and I believe we will need some real news to get us back up. otherwise we hit 005s tomorrow, and it will be a capitulation day for many. hope I'm wrong...
It would be nice to close today between 0075 and 0082. That would form a hammer bottom and hopefully signal a reverse. If not, I think we bounce off 005 tomorrow or Monday.
ok, maybe not :)
Good grief. VFIN has unlimited shares at 0075
I came over Tuesday....
This will bounce off .18. That is where my buy order is set. I will get back out at .21.