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Did he say something like 100 million, i do think is pretty high.
This AQLV chart is better situated for higher highs now that the RSI is at 60 and not over 70 like it was a few days ago. I know that everyone wants to see their stock head straight up, but how many NEW traders would feel comfortable with it on a huge spike and the RSI at 90? I could argue that we will have more new investors coming in now that we have had a consolidating move.
And the other thing. No offense to those that feel they got burned on old management, but the way I read this acquisition or reverse merger, there is new management who clearly have more say in the future plans. Spader, the new CEO, seems to have a good record--or, at least no bad record. I have checked throughout the internet and I cannot find anything bad on Duane Spade. Plenty of good things. Nothing negative.
I am new here, so I have not gone through the crap some of the other posters here. But when I see a new CEO cancelling the old CEO's toxic financing agreements--that tells me that real change is afoot.
JMO
Congratulations!
I know my buying is usually followed by a bear raid.
Which is then followed by me averaging down yet again.lol
Which leads me to where I am today, more eltp than I had ever planned.
GLTU
Can't you tell me with certainty that the two products will be launch by close of day January 31, 2013?
What???????
Sure has been nice to see larger bids than asks these past couple of days. Has eltp maybe turned a corner. Momentum is big.
Although in the long run it really doesn't matter if we close at .065 or .095, once novel is sold, we are cfp and we have lg companies scrambling to be elites best friend to get their hands on a piece of elites ART. Well what we close at today won't make much difference in the long run. I am just a little impatient.
GLTA Longs
Very very funny.
The deeper I look into this little gem the better it gets, canceling toxic financing. Ya
Must not need the cash.
AQLV is turning out to be a great long term play.
Looks like AQLV is being shorted.
http://otcshortreport.com/AQLV
Nice volume today.
Etrade
The only negative is that the ceo is completely focused on putting out incredible. top of the line,mind blowing, cutting edge products and making bunches of money.He has not been focused on the shareholders, I still think that is changing. But we shall see.
Go Skzw
Helotours
I don't know because I have never made a purchase of 80k. But wouldn't you want to break up your order and not show your whole hand at once so as to have as little effect on the price as possible?
I know it is all relative as far as money goes and what may be a lot to me may be peanuts to someone else.
Anyway glad to see it parked at .08, and I hope your friend gets filled.
GLTU
" Love that flexibility" Oh that what they call that.Very funny
Maybe its a higher form of english that we are not able to comprehend. lol
Sad to see you go.
Did you find a different opportunity?
Also it was great to have someone on the board who was close enough to the company to attend the shareholder meetings and then be kind enough to report back.
GLTA Longs and Plano
Ya there was a million share bid toward the end of the day and no sellers.
AQLV has turned a huge corner and is a real company with real revenues.
I really don't think it will remain down here long.
GLTA Longs
"maybe some "BS" but not "BK"." lol
I think JT would not have thrown 1 mill in an unsecured loan elites way if BK was a risk. Its pretty laughable.
Looking forward to being cfp from drug launches and growth of current pipeline. And also debt free with Novel sale. Then there is Elites ART. BK lol
GLTA Longs
Unfortunately if you invert the graph you get the share price over the last few months.
I am ready for the share price to begin to recognize some of the accomplishments of elite.
GLTA Longs
Seems maybe the seller has run out of shares this am.
I would think we would drift up into the the mid .08s pretty easily.
Volume may be very low.Unless we have some new buyers coming in, most of us who were going to buy have and those with stop loss orders and those that just wanted to move on have, so I would not be surprised to see some inactive volume days.
GLTA Longs
Looks like when you pull back and
check the weekly chart, AQLV has alot more room to
run. Cancelling that financing shows me that there
must really be a change in the management. Some financier is
ticked off, but the decision making has obviously changed.
And cancelling toxic financing is a shareholder friendly
move, imo.
Haha - sure is weird when "longs" whine when their stock goes up
A little whining is therapeutic.
In all seriousness it is frustrating to see a company with huge potential go unnoticed.( at least there stock)
I am actually up a handsome % on my holdings as my average is .0027, but I could never sell it all at anything near where the stock closed today as there is no liquidity. Also I will not sell until well after skzw is recognized and on a different exchange.
You all have a good night.
SKZW
Pick me I know the answer!, pick me
Maybe, hopefully the seller is done.
I need no more shares.
Sounds like your still shopping.
GLTU
I believe we are getting very close to some pr's that will add value not only to the company but also to the stock price.
Are there any other comparable companies (not including the potential with elites ART) that have a similar market cap? I have not seen any, so its frustrating to see the stock continue to languish.
On the other hand I would not have the position I have with out this extended buying opp.
Another day
Let's move JT!!!
Looks like when you pull back and check the weekly chart, AQLV has alot more room to run. Cancelling that financing shows me that there must really be a change in the management. Some financier is ticked off, but the decision making has obviously changed. And cancelling toxic financing is a shareholder friendly move, imo.
Ya it is a guess, and we won't know for sure until it happens.
But you can compare novel to other drug companies with similar number of products and employees and have make an educated guess. We can be certain that is is worth several times what it was when Elite initially invested in novel labs as there product line has grown year to year.
It will be very interesting to see what the number comes in at, of coarse novel wants less and elite wants more. Hopefully they can work together better than politicians. lol
Mike
I hope and pray that your mother is able to get the care she needs.
When will this sleeping giant wake up?
Raise your hand if you are ready.
GLTA
When the bids are in the 500k range, and were trading 5-10 million daily. Thats when we will know we have turned a corner. Until then its all peanuts.( although I think we could hit a penny on peanuts) lol
GLTA
We all are responsible for our own investment no matter how frustrating it is.
Go skzw
That would be wonderful.
Expecting news today?
I will agree there will be very little resistance with any good news.
SKZW
Thanks
"And soon to be CFP."
Can"t wait!
Please correct me if I am wrong.
i think that JT said that they would have completed one BE study this fiscal year.
So are you thinking these funds would be additional BE studies for more ANDA"s and or 505b2's.
Can some one help me with the form 4's. It appears some shares were sold above .09 and more shares were purchased at .06. And both were common stock by Epic.
FWIW After speaking with ir, I believe the NJEDA program will most likely be less than last year and somewhere under 500k, but still a nice chunk of change.
How many shares do they (financial backers) have?
That really is the question of the day.
But IF we end up with 10 million volume today and close at .085, we will be asking who is doing the buying.
GLTU
"I think we're good into the low 6's."
Are you thinking that we have support in the .006s?
GLTA Longs
Elite has delivered big time over the last year.
The stock has been disappointing.
Well at least I wont have all those pesky commissions to pay like poor old conix, and he has to pay taxes on his gains to.
GLTA Longs
I don't own this stock. aqlv (a friend of mine does who recommend it to me a month ago, I bought skzw instead)
But they just acquired a company with 3 million in revenue -lees than skzw yearly rev.
They have 600 million plus shares -double skzw.
They have 9 million volume today and are up 8x in the last few weeks.
SKZW stock sits, and Peter Sits on his attorney letter.
I know skinz time will come and we will make a quick run at .10 and may go much higher. But it is frustrating to have such a good company and at this point ,Peter seems to be very happy with a share price between .04-.07 with no volume.
There I have now vented and feel much better. Deep breath.
GLTA Longs
Yup this is good news, should/Could push the stock up toward a penny short term.
Go ctyx