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Still no cheap shares to buy? Must mean something.
I really hope the price continues to drop. I'd love to get some cheap shares here.
the R/M rumor has been on for while. look at the chart, it rises and falls. as someone said before, it does not matter what happens before news. frankly I was expecting zero volume today.
I think it's likely some here are bothered by the fact that no shares are available to buy, and that if anyone wants shares before R/M news, due to this recent 8-k filing, they must pay .0020+ for any significant amount of shares. Before you could have purchased a few million on the ASK from those who lost hope. However now the hope is back and the shares are in the hands of accumulators. Sorry! You missed your chance.
Run to .10 is possible SNVP
SNVP MAY RUN TO .10 THERE NO SHARES AVAILABLE
SNVP -> common sense
The majority of people are fearful and need an infallible assurance that the stock is going to be worth something. The general market holds a fear of penny stocks. Well, if this company is bought out and the share price goes to the dollars, those fearful people will be looking like fools. Then again, whoever holds for dollars is also a fool. I'm holding for what looks obvious - A reverse merger / something big is coming that will send this locked up stock to a minimum of 3 pennies a share. Is that not a smart wager to make? Then I don't know what is. Of course most traders don't use logic, they just throw money into whatever other people are throwing money into. I'll be glad when history shows that I was there before the pack. I really enjoy having common sense.
A reverse merger stock play is a merger transaction in which a private company buys a publicly traded shell stock in order to go public and gain access to the capital markets without going through the cumbersome and expensive initial public offering (IPO) process. A shell stock is a company that trades on either the Over The Counter Bulletin Board (OTC BB) or otcmarkets.com (Pink Sheets) and maintains a capital structure, but has no business operations. Although shell stocks can trade for many years with no business activities, the owner of a shell stock has a strong incentive to keep the stock shell “clean” by filing all the required United States Securities and Exchange Commission (SEC) to keep the shell stock current with its SEC filings, which increases the value of the shell stock and makes it much more appealing to a private company looking to use it as a vehicle to go public.
To implement a reverse merger, a private company pays the owner of a shell stock company cash or private shares to obtain a majority of the shares of the public shell company, which gives the private company control of the public shell company’s board of directors. Once in control of the public shell company, the private company mergers its business operations with the public shell company and becomes a publicly traded company which reflects the valuation of the newly public company. Upon completion, a Form 8-K is filed with the SEC that reveals the details of the reverse merger to the investment community. The 8-K filing includes audited financial statements and disclosures that the SEC requires of reporting companies.
Source: http://www.stockrockandroll.com/stocks-tips/reverse-merger-stock-plays/
I think some people are jumping off here. I'm not one of them.
Still here. I think more is coming.
Hope we'll see pennies here too. It's possible
Better than the other stocks out there.
Today is a good day to buy SNVP.
SNVP looking great
Good stuff. How high will we go?
SNVP best stock to own right now
No dilution, no scam, and no buying?
What's wrong? What's the OS here--Still under 110M right?
Bring the MOMO to SNVP ;)
SNVP .0006x.0008
Sitting just above the 52wk low,
with no where to go but up.
SNVP .0006x.0007 LOW O/S Needs News, MOMO will come
SNVP tradeable float under 200m, no dilution bargain =)
SNVP low floater could run any day .0005x.0008
snvp .0005x.0006 low float fantastic potential
snvp .0005 x .0008 next to run ??
SNVP .0006x.0010 low O/S
SNVP .0011x.0014 bottom?
Two stocks worth taking a looking at:
SNVP in the world of penny stocks is a bargain speculative ticket at .0012x.0013 in the case of any positive developments, this low float penny play could produce a monster run with relative ease.
ELTP a growing company under management of a fantastic focused leadership. listen to last weeks conference call if you want to know more. this is one you can hold and expect to profit potentially huge in 2-3 years, and could be trading on NASDAQ in the future.
SNVP .0014x.0017
impatience.
or just plain stupidity.
technically there is a gap on any trade, that's why I feel the rule will always be a stupid one.
ELTP - buying is happening. selling is not.
If you look at a 5 year weekly chart, you can tell the accumulation is just beginning here. This will fly in the next coming days. Not even beginning IMO. I see $.60 - $1.20 but we will need good news for sure. Nothing amazing going on really, just common sense.
Omg omg SNVP omg lol
same thing with me. I've got burned on many stocks. Don't get tempted by these other penny plays, they fail. Only a very few of them will ever run and then a week later it will be considered junk by everyone! this has not been the case with ELTP! it's just getting started here and I also am trying to recoup losses. There's one more piece of trash I need to sell and then I'll be riding ELTP to the short term price target of $1.00 hopefully. If not then hey, whatever. The way I see it is, if Elite Pharmaceuticals cannot succeed, then no company will. They simply have so much going for them and great management. Why would they fail? I originally bought my first shares here last year at .065 - We have since run up and consolidated. Now it's .155 a share and I believe we are going to completely depart from this level. It will be more than a run.. it will be an actual lift off out of the penny price range.
What was that shady 350,000 share dump a minute after closing? Why do we see this every so often? Any logical explanation??
ELTP doubled with no PR, $1.00 in sight!
ELTP running hard into next week! SNVP is also a good play
ELTP running hard into next week! SNVP is also a good play