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Possible leak of info.
ELTP is very tight lipped though.
So I find that unlikely unless the leak came from a partner. It would only take one individual telling a neighbor to pick it up before Monday morning.What ever happened it took very little to move it up.
Guess I should not have waited for the promised .07s lol.
GLTA
RFB I will have to say you are consistent on your prediction that the price will go down.
I could say everyday I think the price will go up.
Over the last few weeks I would have been correct.
You kept predicting a pull back.Eventually you are correct.
That being said, I sold everything I had purchased at .11 range from .14-.1625.
It may not go back to .11. If it does I will reload.
Great product, waiting for sales.
I do think they will come.
GLTA
It really does look like ctyx is on the move.
Looks like they just had a agreement canceled that may have taken the uncertainty back out of the stock.
It also looks like ctyx touched around .02 intraday on the last run.
GLTA
Kinda hope Peter trips, falls hits his head just hard enough to remember SKZW is a publicly traded company and has something called shareholders.
GLTA
Makes sense.
What were we before the merger announcement?
.008 or so
Should trickle back up there.
Well, I can't say I am disappointed by the news of the merger being called off. I was concerned about the dilution that we were going to get hit with and if us CTYX shareholders would have ended up as minority shareholders.
But I was really scared about some of the info out on the Verichip that I found. Did anyone see this? It looks like we may have ducked a bullet.
CASPIAN RELEASES MICROCHIP CANCER REPORT
Sets record straight after misleading claims by HomeAgain and VeriChip implant manufacturers
A new paper titled "Microchip-Induced Tumors in Laboratory Rodents and Dogs: A Review of the Literature 1990–2006" has been released today by CASPIAN. The full, 48-page paper provides a definitive review of the academic literature showing a causal link between implanted radio-frequency (RFID) microchip transponders and cancer in laboratory rodents and dogs. In addition, a brief, four-page synopsis of the full report is being made available.
Eleven articles previously published in toxicology and pathology journals are evaluated in the report. In six of the articles, between 0.8% and 10.2% of laboratory mice and rats developed malignant tumors around or adjacent to the microchips, and several researchers suggested the actual tumor rate may have been higher. Two additional articles reported microchip-related cancer in dogs.
In almost all cases, the malignant tumors, typically sarcomas, arose at the site of the implants and grew to surround and fully encase the devices. In several cases the tumors also metastasized or spread to other parts of the animals.
Public revelation of a casual link between microchipping and cancer in animals has prompted widespread public concern over the safety of implantable microchips. The story was first broken to the public in September through an article written by Associated Press Reporter Todd Lewan. Prior to the AP story, the journal articles were completely unknown outside of small academic circles.
"The AP did a superb job informing the public of the existence of these journal articles," said Dr. Katherine Albrecht, a leading privacy expert and long-time VeriChip opponent who authored the new paper. "Unfortunately," Dr. Albrecht added, "a lot of misinformation about the cancer research has circulated since Mr. Lewan's article was published. I wrote the report to set the record straight."
The animal-microchip study findings were so compelling that one of Mr. Lewan's sources, Dr. Robert Benezra, head of the Cancer Biology Genetics Program at the Memorial Sloan-Kettering Cancer Center in New York, was quoted as saying, "There's no way in the world, having read this information, that I would have one of those chips implanted in my skin, or in one of my family members."
Nevertheless, representatives of the chipping industry have made inaccurate public statements about the research findings in an effort to confuse the public.
Scott Silverman, CEO of the VeriChip Corporation which makes the controversial VeriChip human implant, recently provided inaccurate information to Time Magazine. Mr. Silverman is quoted as saying that none of the tumors found in mice in a 2006 French study were malignant. In fact, not only were the tumors malignant sarcomas, but most of the afflicted animals died prematurely as a result of the microchip-associated tumors.
In addition, Destron Fearing, makers of the HomeAgain pet implant, dismissed a finding of fibrosarcoma--a highly lethal cancer--as 'benign' in a recent report.
A fibrosarcoma is a type of sarcoma, a malignant tumor of soft tissue that connects, supports or surrounds other structures and organs of the body. Dr. Timothy Jennings, an expert on implant-induced cancers in humans, said he was "not aware of any nosology incorporating an entity of 'benign fibrosarcoma'" and agreed that "any tumor classified as sarcoma should be viewed as malignant."
"Either VeriChip and the makers of HomeAgain actually don't understand the difference between a benign fibroma and a malignant fibrosarcoma," noted Dr. Albrecht, "or they're deliberately lying to the public. Either way, it's clear they can't be trusted. We hope our new report will set the record straight."
The report includes a one- to three-page writeup on each of the original studies. In addition to a detailed review of the academic literature, the report contains recommendations for patients, pet owners, veterinarians, and policy makers, including the following: (1) Further microchipping of humans should be immediately discontinued; (2) Implanted patients should be informed in writing of the research findings and offered a procedure for microchip removal; and (3) Policy makers should reverse all animal microchipping mandates.
As part of its public awareness campaign, CASPIAN will be issuing copies of the new report to leading policy and decision makers.
The full 48-page report and four-page synopsis are also immediately available for public download at http://www.antichips.com/cancer/
http://www.antichips.com/press-releases/verichip-cancer-report.html
You know I think why we are seeing the downward pressure is due to the fact that we don't know what the share structure will look like coming out the other end of the merger. Once that is cleared up, we will test the highs of some of our most recent runs. Assuming it works out well for the shareholders.
GLTA
Hey Buddy,
Thanks for the tip I will put in a nice size buy. .07s
So when do you think we will hit that price?
A lot of chatter over the weekend.
Seems like a good sign.
More people are interested.
GLTA
Hard to say forsure. But I fully expect to see them to be cash flow positive when they relase thier next Q. Did you listen to the CC?
Nice to see buyers comming in isn't it?
Loaded up yesterday at .086-.088. Did you pick any up?
Although in all fairness I also bought at .11 a few days ago.
GLTA
Your right I really doubt that they will have a pr today (near term).
But one or two revenue related prs in the next 30 days is imo pretty likley.
Cash flow positive in the next 60 days or so pretty likley.
GLTA
Although I have had difficulty in not asking person questions and refering to individuals motives in posts. I fully understand and wholeheartedly agree with the policy.If we do not have strict guidelines , it will be a slipery slope down to the yahoo board status. None of us want that!
I have have had several posts deleted.(this may be one of them) lol I do not take it personally because I understand the consequences of a free for all.
glta and go eltp
It is amazing to me the amount of people that are negative on eltp especially on the yahoo board and continue to post day after day. I am not a conspiracy theorist but it makes you wonder. I don't go and post multiple times on a stock I don't care about and think is trash. Just makes you think why.
It might be a different type of personality, maybe folks trying yo pick up cheap shares.
I have never seen anything like the negativity on eltp.
Have others seen this amount of intensity of negativity on other stocks?
May be more common than I think.
Really think this is a good opportunity under .09.
I have more shares of eltp than I ever thought I would be able to accumulate before they went cash flow positive.
GLTA
Never expected to see the price back to the .08's.
I would think it would bounce back 20% pretty quickly.
"investors are retarded" Those that bought at .11 and are selling now. I agree
GLTA
I did not either, but a lot of folks must have.
Who bought below .105 today?
Anyone get cheapies?
GLTA
You got it wrong, expectations were quite high for the quarterly.
Thus the pull back.
I look forward to the mess also, I mean the mess of new drugs that they will shipping soon.
(Methadone, Hydromorphone, Naltrexone, Phentermine, new Lodrane)
Now Thats a mess of drugs.
I guess I assumed that not much was expected from the 10Q by most folks.
Therefore I did not think that many people were believing a "rumor" or expecting positive news from the 10Q.
I was wrong, with the selloff today, its apparent there was some kind of expectation of something.
Be interesting to see if the folks selling now will be able to buy back before the next pr.
GLTA
Ok Ill get out, your correct and I am fully convinced.
Pushing the sell button as I type.
GLTA
Seems to be a cap at .11.
Who ever it is, does not seem to want to drop down at all to sell.
People will chip away at it, eat up what ever is there and then another 100k will reappear.
Really does not matter in the long term, by eoy eltp will be producing and shipping 10 or more drugs with the new facility on line.inho
Share price will not be at .11 then.
GLTA
Really looking forward to hearing info next week on status of the patents.
Have a great weekend everyone.
Good to see the bid support the last couple of hours today.
GLTA
Now maybe the seller is gone?
Huge spread .005 by .009.
Somone had a lot of shares and just wanted to move on at any price. Sure hope they run out soon.
GLTA
Seller done?
Hope you get them.
You were complaining that only a privileged few could buy at .007 and trade for a 40% gain.
Here is your chance.
Either do it or don't complain.
GLTA
Looks like they did about 850 wraps over the past year.
They got to 6500 about I year ago.
For what its worth.
They most likely made some good money this year.
GLTA
It looks like to me when it turns it could run up to dime without any problems.
Pretty interesting play.
That is good news.
What is a fake pump? Is it similar to a fake punt?
I remember seeing something similar several times before usually on Fridays with iWeb.
I always thought and wrongfully predicted that the merger news had leaked, but then nothing followed.
I often wondered why someone thought it was important to pick up 500k on a Friday afternoon.
GLTA
I have a low ball below a dime so I am fine either way.
We have lots of news coming.
Good call
My first buy was .05. Have traded a portion of my holdings several times. Selling some at .22 or so.
I believe we will see that number again this year .
Even if I held everything and did not trade, 100% in a year is not to shabby. The trend for anyone who has held for a year looks pretty good. I believe the company has turned a corner and anyone who doesn't trade for this next year will also have a nice return.
I have twice as many core shares as I had originally. As I really loaded up at around .07.
Hop on board, you might just make some money.
GLTA
Aw yes , pretty close to what you said when we were at 9 cents after the last pull back, just before we took off.
We ran from .07 to .12, pulled back to around .09. Then we went from .09 to .135 and are now finding a new base some where higher than the last. My guess is we are finding support in here around .11.
It really depends on when the nest drug release happens. If eltp has no pr's for another month we may retest .09, but I highly doubt we will not have any more pr's before then. Just to much going on.
I fully expect one or two pieces of good news going into the conference call.
Overall the trend is up since the beginning of this year. Last few days down, but what stock goes straight up?
I have a bunch of eltp, but would buy a lot more if we slip back much farther with no news.
GLTA
Bring it on.
Although if thats is all it is we won't see much movment.
May be the merger is getting close. Oh I forgot.
GLTA
It is expected to be back on the market the middle to the later half of 2012.
We shall see, this like many other potential pr's are out of their hands as far as timing.
GLTA
I think we will still see times were the share price goes up 100% over a period of a few days or week then pulls back. We may see a more sustained run if we have a few press releases in a row. But we are not going to get any fluff pr's from this guy. What we may get is pr material not published but found on the web site.
GLTA
Welcome.
Here is a nice link with lots of info.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64756071
Thank you for serving our country.
GLTA
Basically a 50% retracement. Lets say a run started at .50 and went to 1.00 .It theoritically and usually goes back to .75 at some point.
GLTA