Waiting for the next wave...
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LOXAPINE LAUNCH!!!
By end of February !!!
selling Opiods !!!
Drug dealing is selling Opiods !!!
I like efficiency - I say two birds with one stone !!!
We get SequestOx and he gets in jail !!!
Less than 9 days for Loxapine Launch - Feb has 28 days !!!
In case you don’t remember I posted yesterday that we could merge with a company instead of doing a r/s
So we agree.
But nothing is sure. By now I know Nasrat will want to reduce the risk to fail. He plays a safe game.
So at least 2 options. Branded or merger. But cash will be needed because Nasdaq fees are higher than otc fees.
Relax. I am saying that Nasrat will want to go to the big board only if he has enough cash to remain profitable. Also he will want at least one branded product. If not the P/E ratio will be too low.
I am on your side.
I will give my numbers after Lannett reporting.
I just love it - data coming from the otc market itself and it is not true?
maybe because elite trades abroad and not in the USA?
like a great blonde person married to a famous lawyer said: alternative reality...
In response to namtae
ONCE AND FOR ALL - SHORTING ELTP IS A FACT NOT AN ILLUSION
Data from OTC
Elite Naked Short Graph
So much for all the "traders" that try to explain to s that it would be extremely expensive to short a stock like Elite and it would not be worth it.
The proof is in the pudding - especially when you know that you can make 70% in 2 days...
I wish we had way more volume so they could not control the stock like they do today...
We need more revenue to get to NASDAQ
We will need a much higher and steady stream of income if we want to succeed. Nasdaq is way more expensive than OTC trading and if today the company still thinks of paying the ceo in shares to save money, they will not burn hundreds of thousands of dollars on the cost of Nasdaq.
We need at least $80 million in revenue and 20 million of profit before they decide to get there...
And please do not say the ceo said this is for 2021 year - because he never said that. And please please please stop bashing the CEO because yesterday he proved he was a great ship captain once again.
my 2 cents
Getting to Nasdaq could also be by way of merger.
7.7 Million shares traded - not our record...
This was Nasrat's best speech - he gave a clear vision.
Strong and Long for me - selling in 5 years or cashing in at Buyout
OPIOID is TABOO - ART Technology is OK - using other drug types...
So unlike the other BS CEO's - Nasrat is 100% Pure business
And the employees respect him and like him!!!
I LOVE IT - NASRAT KNOWS WHAT HE IS DOING
SHORTS - I need a button to MUTE YOU. You do not know what you are talking about.
HAHA Price went up hen Nasrat started talking
So much for the conspiracy theory !!! LOL
Praying for a GME like short squeeze!!! WHEN NASRAT ANNOUCES A BUYOUT
No one was paid in shares last quarter - same number of oustanding shares!!!
STOP THE BS ABOUT STOCK GOING DOWN WHEN NASRAT OPENS HIS MOUTH
The proof is in the pudding - there are shorts feeding from this stock - no long would have sold the stock based on these results!!!
When you are a true long - this has zero effect on you.
I know I will go to 3 million shares if it goes lower.
GLTA...
On Yahoo finance
Market Cap 80.734M
Beta (5Y Monthly) 0.68
PE Ratio (TTM) 26.67
EPS (TTM) 0.0030
This question was asked and should be answered today.
A company like we are making is not made in one day... What counts is the trend... and the trend is with us. More profit more cash more revenue compared to the last 10 years...
BE PROUD OF BEING AN ELITE SHAREHOLDER !!!
The declining revenue is because Lannett had to restructure - they let go of many people and they cut in the number of drugs they are selling - this is disturbance. But Adderall ER and IR are still in the list of products they sell - How do I know? Our growth compared to last year is due to the 3 drugs sold by Lannett
10q proudly states covid did not impact the business
So no conspiration theory from shorts about Nasrat hiding behind Covid.
All metrics are good and high!! Proud to be long
Improvements across the board but shorts had their plan set before the results were out.
Even if elite had sold for 12 million last quarter they would still short it became se that’s what they do.
Remaining long for the next 5 years. Because I believe in elite and Nasrat.
Cheers
@NASDAQ2020 - what is your short goal now that you are loaded?
Consolidated revenues for the Third Quarter of 2019 were $5.1 million
This is what we will compare against...
Lucky he got a 2 with your estimation method...
He would have been negative if the company was losing money... lol
What happened at the close today is a classical manipulation
Remember you can send questions for tomorrow also this evening...
Thx
WRONG - LONG
How will all the sellers react when the Sec filing will show yet another incredible Quarter and huge profits?
If you look at the Sec filings, they started there new activities in December - not a quarter yet. The company is values at about $1 Million - proven product...
They are hiring sales force and building a Board of Directors.
So far doing the right moves.
About 6 hours to wait for GREATNESS
WE have news !!!
This guy goes on the board of director and he is the CEO of Nordic Kraft!!!
Expect a Purchase Order soon!!!
https://finance.yahoo.com/news/director-roger-boileau-advise-lead-132600153.html
Nasrat will give us the better numbers than last quarter as usual and our shorts will try to take the price down as always - but they will have a surprise this time...
WE have news !!!
This guy goes on the board of director and he is the CEO of Nordic Track!!!
Expect a Purchase Order soon!!!
https://finance.yahoo.com/news/director-roger-boileau-advise-lead-132600153.html
$0.0894 - Premarket !!! Hottttt