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IDK,
Can Skydog freeflow?
Awesome! Thanks!
Aloha!
skydog,
You happen to have a cartoon avatar as well?
CHEERS!!!
Have fun getting back in LOL! LOL!
I think what he means SIRI and ELTP are in two different sectors.
That is about the only thing differant about these stories if you ask me, everything else is the same.
$15 is the recent price, it was much lower when SIRI was struggling at .125
If we are going to compare...
Sorry, but I am investor and I love this move.
Maybe ELTP should have sat on the 12 products for years while trying to pay for all the crap that needs to be done for production, storage, marketing, and milstone payments to another company.
Oh wait! ELTP is the one that get's those Milestone payments LOL LOL!
Are you still waiting for .125?
Are you still calling it as you see it?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91840420
But do you?
Correct!
But this means ELTP is now making the shift. It is an important change to make note of :)
Why not?
Everyone else does it!
Hmmmm.... :)
You know who else does this?
Epic is responsible for all regulatory and pharmacovigilance matters related to the products and for all costs related to the site transfer for all products. Pursuant to the Agreement, Elite will receive a license fee and milestone payments. The license fee will be computed as a percentage of the gross profit, as defined in the Agreement, earned by Epic as a result of sales of the products. The manufacturing cost used for the calculation of the license fee is a predetermined amount per unit plus the cost of the drug substance (API) and the sales cost for the calculation is predetermined based on net sales.
Everyone!
Coke, Pepsi, Levis, anyone with products people want!
Example:
Coke shares formula with China for a period of 5 years before being renewed. At that point Coke can ask for more money for the renewal or just pull the contract. It is where Coke and other companies get most thier bank!
I see what you are saying and if “trolls” say any of the sort I will remind them of production/marketing costs that ELTP will *now* not have to pay for all the while banking. JT and Nasrat also already made it clear they only care about the ART and these extra drugs are simply a means to an ends.
By handing these over to EPIC in takes the weight off of ELTP to keep them moving fast as possible. I was actually worried these drugs would slow them down, but once again JT and Nasrat one step ahead and making fantastic calls!
How can making money ever be spun as bad news?
I have no idea what relevance .158 has?
But if that number does it for you then happy sailings!
I mean why would EPIC renew any agreements at all with a failing company?
They had a chance to let things expire, so I will assume they have great faith in the future of ELTP.
Does anyone want to question EPIC's wisdom?
Nice trade?
I will assume you mean sell?
LOL! why on earth would I or anyone else sell at the bottom?
Please reeeeeeeee-read today's PR!
And you figured this out with today's trading?
Kudos!!!
Stop making sense or this MB will explode!
For those that wanted to trade please remember that last week I noted the volume decrease and that today's PPS should come as no suprise.
I wanted us to get back to .10 to see if we find some support and then where we will go from there.
I think .10 is a good marker and there is a good p[ossibilty we will bounce off of it a few times and rest back at .105 to .11 for the time being.
This would still be a nice increase from .07
Go ELTP!
You may just be spot on!
I can only read data that has already happen and use that to predict, but if Hakim keeps the pressure on then all bets are off :)
Are you sure you are not BUYING?
I think that is a very accurate description of events, kudos!
I meant 500 Million.
My point still stands, so let's not change the rest of my "facts" because you caught me with a typo thanks :)
BTW, you sold at a buck?
I sold at 3.50, sounds like I made more and only had to wait 1 year for 3000% more gains, plus less capital taxes.
I actually still hold some SIRI, but sold my majority. Siri is so close to 4.00 right now it is nuts and to think without Mel making a great partnership with the new CEO over 5 years ago we would not be seeing SIRI at all.
So the past is the past and we are here now in ELTP. Do you blame JT as well?
Oya,
Mel was the guy that kept SIRI from going bankrupt and did what needed to be done.
People don't realize that when a company is about to go bankrupt they do not have many bargaining chips, no leverage, and no pockets to dig into.
So just like Mel, JT had to work with what he had at the time.
I hope Mel goes down as the best thing that ever happened to SIRI!
The new CEO has it easy, he has billions of capital to work with and let Mel do all the hard work before snatching up SIRI.
SIRI will do well with the new CEO only because everyone knows he has billions blah blah blah.
Mel held of to Howard because Howard was the only person bringing in bank for SIRI at the time. Now he has Oprah, and a slew of others. They no longer pay 500K salaries because now they have leverage.
Again, information outside a vacuum for ya.
I do not like to speculate or hype. Don'y get me wrong, It is very exciting but I cannot say how the PPS will react.
I do think ELTP is under valued right now and .20 should be the baseline, but as you can see we are not at .20 right now...
How other MB's operate has zero bearing? So you want your information in a vacuum then?
Sorry but stating that this MB, out of the thousands out there cannot be trusted because it is a .10 PPS is what has no bearing.
What I am saying EVERY MB is just the same!
Do not paint with such a wide brush, thank you.
LOL,
You should read the Google MB for SIRI when it was at 1.00
Price has little bearing on a MB, there will always be people posting for their own ends.
Common sense is needed in life, use it!
I don't mind traders, that is the name of the game!
I will always give 100% the best readings I can even though I and not selling. I don't mind helping someone else out that may be in a different position than me and does not want to hold for the long term. That is fine!
I want to be honest and hope people come to trust that I am not making posts to serve me! This MB should be here to help people no matter what endeavors they have.
Yes we are!!!
Not next month tho!
We will not een have results of the trails in about 8 months.
We still have to consider, other drugs in the pipe line, possible partners, and a hail mary buyout.
That is around the corner, right now we are just trying to sustain some healthy gains with no pump & dumps.
Please understand there is no supported data at this point.
As I stated before after this run up, think of this as a New IPO.
Once a run happens there is going to be a softening phase. This can also be known as a correction and happens to all stocks.
The point we want to remember is that .10 is higher than .07
This means we have increased the PPS even after people took profits.
That shows us that we have more holders than we did in the past.
That is something to get excited about, but we will need to have patience until the trials are complete and we get more data.
Right now .11 is a good support level, but that has only about 4 days of data.
As I stated before, this should be of no suprise.
If your buying shares, please limp in and do not buy all at once.
Why?
Cause you will be upset when it going even lower. I will be buying more today at maybe .11 is the floor, but most likely we will see .10
I think .10 is a fair price and would not be suprised if .10 disapears quckly and goes back up to .11
Happy trading!
Look at the volume!
Each day we will have less volume and yes .12 will be tested .11 will tested until the correction has been made.
That is not to say this is a bad thing, but it is healthy.
I just want to make sure we are putting the correct spin on what is happening. This is not a rally, but a long term sustained growth.
The charts look great, but only as a buy and hold status.
If you wanted to sell, well sorry you missed that boat...
Any green is good? Gotcha!
Sounds like good trading advice and we should all buy more...
I myself will buy on other merits other than "green is good"
And will also be here on the red days too, nice to see you drop by btw :/
Is that a point you are making?
PPS?
If traders, investors, Wall street only knew how simple it was?
All those millions, if they only knew your amazing trading prowess!
The secret all along has been sitting under all our noses! It's PPS!
Who knew!
Thanks for taking the daily PPS weather report and filling in on IB's day off...
Actually there are more holders than ever before! LOL!
Wow where do you get your intel???
I showed proof of trading buy%/sell% 2 days in a row and each day there are more buyers than sellers.
But I digress!
That is not the point I want to make.
Your statement is 100% unsound and needs to be put in check ASAP!
Let's take SIRI for example :)
They have a billion dollar market cap, over 20 analyst and a PR every hour. The last 2 week that stock has traded between 3.92 to 3.64
Wow that sounds like flippers, shorters and all the rest! Hmmm normal trading maybe?
So let's get one thing straight about normal/healthy trading. The stock price moves up and down; that is the simplest of ways of explaining it. I want to keep it simple so there is no mistaking my terminology.
BTW all my statements are backed up at SIRI's many trading websites as well everything else said is just basic trading 101.
And here we are trading between .12 and .14
Where were we 2 weeks ago again?
Ohhh that's right .08
Stop with the doom a gloom broken record on every pull back, that is normal trading. Thanks!
I think I will use the phrase "softening up"
No matter what anyone else has said, the floor has not been established yet. We could possibly already be at the floor, but with only 2 days of data that is unlikely.
I say we will soften up to about .11 to maybe even .10
Currently my stance on this is be careful! If you are going to flip, only flip what you are prepared to lose and may have to buy back at a later time and at a higher price. Just because the PS drops to .10 does not mean you will be able to buy those shares!
As Tang has already pointed out. MM's are walking the price down to take out stop losses and make people sell. They want you to flip! They want you to think you can flip!
That's my 2 cents...
BTW,
Read my post from yesterday, I called 100% what the trading range was going to be today.
I am not some magical seer into the future. Read the charts and do your DD.
That reading took me 5 minutes to do and took me longer typing out how I got that info lol!
I may not tell you what you want to hear when it comes to PPS at times, but at least I give it straight. No curve balls here!!!
Absolutely!!!
I am long and .20, .50, or even 1.00 does not surprise me or get me excited. I am waiting for ELTP to tap into the billion dollar market and when that happens 1.00 buy in will be considered lucky!
Days like this where I can buy cheap seats are amazing!