Waiting for the next wave...
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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
third-quarter financial results on Tuesday, February 16, 2021.
We have an article out there pumping Elite.
https://ownsnap.com/elite-pharmaceuticals-eltp-gains-momentum-on-huge-volume-what-to-do-now/
I am for R&d spending which provides quick ROI or huge ROI.
Agree 3 mil profit
There should be some does not mean there was some.
It is a supposition. A belief. But no assurance. These things take time.
The biggest factor as you might expect, is the launch of new products during this fiscal year. Namely, we launched immediate release Generic Adderall and generic Dantrolene. We always talk about R&D and new products being the lifeblood of a pharmaceutical company that is so true, and the results of these past few quarters demonstrate that. When we launched the products, especially generic Adderall, we've got an immediate bump in manufacturing revenues. But as I always mentioned, that's just one part of the revenue stream. The other part in addition to manufacturing revenues is the profit split. Now the profit split is earned as and when the product is sold in the market by our market partners. I talked about this during our last call, but the takeaway on this subject is that there's a natural lag between when manufacturing and profit split revenues are earned. It takes between two to as many as six quarters for product to be fully sold into the end user market.
I base my statement on what the cfo said two quarters ago about profit split. Six to nine months before we see profit split.
You?
Finally profit split for adderall xr kick in on Tuesday report.
It is related to the pipeline. Can’t say more
Nasdaq also missing from the list. Team player or lone wolf?
The proof will be in the pudding
Wait and see $$$$$$
This CC will be different. Big announcement coming
It is not about numbers anymore
Weird that some popular members did. It put their number yet.
Long on Eltp. Will stay long another 5.5 years.
Am I the only true long on this board?
I thought you were a true long.
Game well disguised.
I thought you wanted another millionaire run...
Yes, you can... you are doing it !!!...
Who is going to the date with Jane @ $0.0865?
We can do $0.09 - wall is not so high !!!
Questions I sent to Dianne for next CC - After sending this they made the changes to the website...
1) How do you explain the flat revenues quarter over quarter from Q2 to Q3? (Last quarter). We were surprised to see a flat $7M q over q - but pleasantly surprised to see a better profitability.
2) Can you please come up with a plan that would stop dilution or revert dilution like:
a)Pay the CEO in Cash not in Shares
b) Have the CEO buy shares in the Open Market (Gives confidence)
c) Buy back $200K worth of shares each quarter.
3) More clarity about the Pipeline is required on the Website - if products are retired, they should not appear in the Website. If they have a future they should stay.
4) More about Pipeline: Is the new VP in charge of starting new or continuing developments?
5) Can we count on continued growth or do you see growth stalling? If yes why?
6) Plan to get back to Dollar land.
7) Can you disclose any new partnership?
8) How many quarters will it take to pay back the purchase of the Mikah/Sungen ANDA's.
9) Is there a plan to shrink the number of shares? 1.1 Billion is a high number which keeps the stock down.
10)Someone needs to update the 'Profile' entries on Yahoo. The 'Description' still talks about developing opioid resistant drugs and having partnerships with Epic and Sungen, not to mention still listing Cr. Sophy Abraham as Head of Regulatory Affairs when she has been gone almost three years
Posted in Reddit a Discussion Post in r/wallstreetbets about ELTP.
Please go there and contribute - let's have the word out - we need to have people talk of Elite over the weekend.
The post says: ELTP == GME?
Is Elite Pharma the next GME?