Waiting for the next wave...
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Show me another profitable stock with growth and increasing revenues that sits below 50 cents per share...
$NONE
Based on your one hor ahead of us, I think yo are in the middle of the ocean...
ELTP == GME ???
With these numbers - possible...
this is the latest from the fintel site. note the short ratio has jumped from 63% last week...
"Security ELTP / Elite Pharmaceuticals, Inc. (28659T200)
Latest Market Date 2021-02-10
Short Volume 2,666,590
Market Volume 1,248,636
Short Volume Ratio 214%"
"Security ELTP / Elite Pharmaceuticals, Inc. (28659T200)
Latest Market Date 2021-02-02
Short Volume 818,162
Market Volume 1,302,583
Short Volume Ratio 63%"
Latest Shorts stats From the Yahoo board
this is the latest from the fintel site. note the short ratio has jumped from 63% last week...
"Security ELTP / Elite Pharmaceuticals, Inc. (28659T200)
Latest Market Date 2021-02-10
Short Volume 2,666,590
Market Volume 1,248,636
Short Volume Ratio 214%"
"Security ELTP / Elite Pharmaceuticals, Inc. (28659T200)
Latest Market Date 2021-02-02
Short Volume 818,162
Market Volume 1,302,583
Short Volume Ratio 63%"
600K shares left to bring the wall down
Big $0.08 wall to pass to get higher.
But doable !!!
ELTP Profitability is the key to higher PPS...
GLTA
Your wish is your command...
Just do not attend...
We need to post on reddit, TikTok and email lists
We need to share the news with the world!!!
Let's bring ELITE to the teens
The word is out! $0.0803 on TD - premarket
Elite up - pre-market - $0.078
This quarter we will have news and results!!!
You could be a better friend if you had told your friends about Elite when it was between 5 cents and 7.5 cents - as we all know it will now go to the moon!!!!
We have Volume - 2.7 Million shares. at 1.38 PM EST
No - you got it wrong - Nasrat is not supposed to put spam on social media.
His role is to make the company profitable and he is doing that quarter over quarter.
And your role is my role is to buy the shares so they go up.
Our role as investors is not to short the stock - but to let it show its true value.
Shorts should COVER NOW!!! before it is too late!!! we know it is going up!!!
Desperate move of shorts
bid at 0.0694 lol
TODAY IS THE DAY WE GO TO $0.10...
Nasrat has been very clear abot this - NO R?S - the share price will go up based on Elite sales and profit.
I did a test - there were 41K shares to get to 0.0704 - I bought 50K shares...
somehow some computer generated sales at $0.0699 popped up and did not let me go to 0.0704...
Jane please bring us to $0.07 - thanks
I love Jane
Maybe an actual result will take us to the moon... maybe
who will take the 0.0704?
GREEN GREEN GREEN (song)...
Elite is moving surely towards the teens...
Let's make sure we close green and above 7 cents today !!!
We need to be above 10 cents just before the Quarterly results.
Then only we will have a chance to kiss 15 cents
The stock price is not Nasrat's responsibility - it is the investors responsibility. WE BUY THE SHARES AND MAKE THEM GO UP (or not).
Like in life, sometime you get sick. You get a virus.
Elite is sick because it has a bunch of manipulators controlling the stock price - keeping it low and allowing 10% spreads because it is a penny stock and they get rich this way. This is like a virus.
Until we move to the big board we will not get rid of the virus...
I do not agree with the statement that Nasrat should return his shares or abandon them - it would be unfair. I will not mention all the great things this man has done to the company.
Like any CEO, or employee working in a company he is entitled to a salary. Investors in my opinion should do a good Due diligence before investing in a company or a sector - and it is at their own risk when they do so.
Some investors can wait longer to sell their shares - some have a strategy to sell shares when they go down 10% of 15% and move on to the next stock.
I personally respect the CEO Mr Nasrat for the vision and actions he has done FOR this company.
Have a great day all.
It is fascinating what you can learn from analyzing the bets of the PPS game:
Go ELITE GO !!!
Q3 Revenue Predictions ($ to $$$):
Je3232: 4,200,000
dest_golf: 6,800,000
Django99: 7,777,000
IB_: 7,886,167
newguy11: 8,000,000
aELmTPa: 8,086,168
HGilS: 8,200,000
steve9465: 8,350,000
SCHH: 8,484,840
coffee880: 8,555,555
rocioyogi: 8,700,000
imanjen13: 9,000,000
gebla: 9,125,398
oliven: 9,275,000
sharkey1: 10,000,000
YJ4LIFE: 10,000,001
pentacle: 11,000,000
CMDawg: 12,000,000
Why don't you write to Dianne and ask for more news - minimum 3 a month - that would be reasonable...
The company is responsible for the profitability or the idea they are developing (see Tesla - small revenues - huge PPS)
It is not MusK who sets the PPS it is the investors.
totally doable - $3 million in profit was my target for this quarter
So with the Profit split from ER and the growth this is doable.
Once and for all - there are some basics in trading:
1) The company does its best to become profitable and show success
2) The shareholders are responsible to buy and keep the price at a reasonable value based on profitability and expectations from the company.
3) If the company you invest in is targeted by shorts or by dealers who manipulate the stock you are in trouble.
4) It is our responsibility - the small investors to bring the PPS up...
Talk to friends and family, tell them to invest in Elite.
The CEO and the employees did their part - they made Elite profitable.
If the stock is at 7 cents, we have only ourselves to blame and the manipulators...
Elite profitability comes from the implementation of a SAP system - they had 34% gross profitability last year and 49% last quarter.
No cost cutting - more like efficiency
Expect $1.5 Million in Licensing fees
This quarter (Q3), we know Lannett sold $2Million more CNS products than previous quarter and we also know that the profit split for Adderall ER is kicking for the fort time
Place your bets
his is the LCI CNS sales - The blue bars shows the sales q over q.
The red line shows the % price reduction and teh green line shows the % growth year over year.
The blue line trends says it all.
March 2019 was teh launch of Adderal IR (I think).
LCI launched Concerta in May 2019
Important date: March 31st 2020 was the date of Adderall ER launch.
YOu can see the big bumps created by the individual launches
https://investorshub.advfn.com/uimage/uploads/2021/2/7/fsueaCapture.png
Super loaded !!!