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It all depends on the way you see things, I'm buying so the price is great, bought 65k today.. If your selling not so great, good luck and don't fear the swings...
Your post is total misinformation and would only be true if he sold all his shares, but selling only 1/9 of his position means nothing except he needed some money, leaving millions of shares for when the drug is approved. If he sold all his shares then I would be worried..
I'm with you best return I ever seen and now hold double the shares
Once the Drug is submitted to the FDA ELTP no longer controls any timeline. Its now the patient verse the impatient...
I'm friends with many who post on here and most of us agree we are here for FDA approval not what happens between now and then, so give me one reason why the price per share should be higher right now besides because you think it should be....
Another good day to buy from the impatient...
What lack of performance would that be, we are waiting on the FDA something no company has control over. Earnings are up every quarter so enlighten us...
looks good if it would stay like that
I don't think its that, I think its people who think they can use the money on other stocks and jump back in when news hits...
They say you have to hold a stock 5 years for the real money. Its called a long term investment.. This stock will explode after FDA approval and those who wait it out will be rewarded...
Can you provide a link because I only see acquired shares I don't see any sold recently...
According to every Local, State and Federal Government that will soon demand these types of drugs...
When we hit $20.00 you won't hear it lol
More misinformation
I agree, I'm here for the long term not here worrying about the daily stock price. Bought another 39k yesterday and 41k today because I know whats coming....
The price of a share today only matters if you sell today, if your a long term smart investor and are here for the long term FDA approval then today's and any day until then makes no difference to us because we aren't selling right now...
" The Stock Market is a device for transferring money from the Impatient to the Patient" Warren Buffet..
Be Patient Rich and you will be rewarded.
I have to disagree, $2.00 is way to low $20.00 is what I will wait for....
What I think stockboy is trying to say is the ceo should work for free and receive no compensation, he must be a Berni Sanders supporter lol
Thankfully you have me to explain today's trading for you, the bid /ask was controlled all day by 2500 share blocks on the bid and ask. Only market makers buy and sell like that to control the buying while they lower the price to cover. As long as they can convince the fearful to sell, they will give up cheap shares along the way in order to trigger stop loss orders. They read the news and program accordingly until buying pressure makes them stop controlling the price. There is only one way the market makers can't control the price and that is a buy out offer after approval and you need to have shares for that....
Most of us are here for the long term and want to make money on Elite's success but some are here to make money shorting or day trading on small up and down movements, I would guess they are here for one of these two...
Goldfield international seems to still be in business so I'm not sure why the silence but I to am stuck waiting this out.
This will be a $20.00 stock and they know it...
You will not see any real price change until FDA acceptance so sit back and relax...
Maybe you just don't understand the time and money it takes from start to finish, its not an overnight get rich scheme its a long term investment you have to be able to endure.
Keep holding rich your about to be happy...
Sounds right to me...
Most likely $20.00 or more but you already know that...
Its like good wine it takes time
The CEO is doing an outstanding job for those of us that have patience and are investing for the long term.
Sit still and learn, almost all of these trades are between Market Makers to stop out peoples shares
Anyone have any info on RITE
I would love to see this run
She's alive today. hope there's something brewing
All you have to do is buy a few and it will be back to .0001
Not sure why they are silent and not filing but one never knows unless the company is talking, I have had a few runners from .0001 and a few that I got my money back less commission so its a coin toss for now...
No need to ever hype Elite, just the facts are needed...
Merry Christmas to you also
I'm going to wait this one out and see what happens
You have proof this is not a real company?? Post it if you got it...