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That was definitely an unexpected close.
Can't wait for the next approval here! I'm glad to see that my shares will be 1 year old soon. Growing up so fast lol. (And officially less taxes)
Hey doog! Just got in @ .391!
Been holding strong for over 3 years now! Our time is near!
Hey Trevor! You're using overall revenue vs actual earnings.
Hey there DZ! IPCI sure recovered didn't it? I'm still holding my position strong here! Both companies will do well. I just have a MUCH bigger position over at ELTP. I love both of these companies technology.
Congrats longs! What a well deserved day here!
I've had no luck in this market sadly as of late. Hope everyone is doing a lot better!
Have a great vacation! Enjoy!
Well uhhh this was unexpected.
Hopefully so Despicable. IPCI is a ticking time bomb.
I'm really excited to read the 10-K this afternoon. Looking at breaking 5 million in revenue for the year. To think that we only had a few hundred thousand in revenues in a quarter a few years back, we've come a long way with the generic line.
In addition,the ADT/ART line is only a handful of months away from the first submission.
Exciting times ahead friends!
Well we've had 6 straight continued growing quarters. Looking to continue that streak of growing revenues. You two should definitely join the conference call when it happens at the end of the month.
Closed at HOD. Conference call 1-2 weeks with earnings
Update me please kind sir. What drama are you speaking of?
These couple cent increases are so exciting haha.
Perfectly said.... Couldn't agree more.
I will definitely take a look at this. Thanks Hesse!
I'm at $30,000 with it haha. Much confidence in it .
Just waiting for the right price before jumping back in prior to the NDA filing in early 2015.
Great call on Catalyst!
BOARD: ELITE PHARMACEUTICALS: ELTP
I have been the biggest advocate for this stock for the past 3 years now. Elite saw a huge run up to 97 cents a few months back. The stock has settled in the upper 30's to low 40's since then. I still firmly believe that this company has the biggest potential for a parabolic run in the future.
The last few days have been busy for Elite.
Elite Pharmaceuticals Begins Human Abuse Liability Studies for ELI-200 6/09/2014
This study is designed to essentially prove that the abusers do not obtain a "high" after snorting the crushed drug. Elite's previous trials have shown that the Naltrexone in the double bead system is proven stable. Results are due towards the end of the year.
Elite Pharmaceuticals Enters Into $5 Million Settlement Agreement With Novel Laboratories 6/10/2014
Elite invested roughly 3 million dollars into a small private pharmaceutical years and years ago. Surprisingly, we found out today that Elite had sold their stake for 5 million dollars. Elite lost roughly 1.2 million dollars last quarter with the heavy increase in trial expenses. This 5 million dollars, which is dilution free, is extremely valuable to Elite at this point.
Nasrat Hakim, who is the CEO of Elite Pharmaceuticals, said that he intends to submit an NDA for ELI-200 by the end of the year and hopes to have a decision by August of 2015. This drug is projected to generate hundreds of million in revenue a year.
Currently, Elite is working on ELI-200, ELI-201 (Oxycontin), ELI-202. Mr. Hakim has stated on the previous conference call that he intends to build this abuse resistant line to up to 18 products.
The current state of the stock price is stabilizing, if you have the stomach to go through the ups and downs... such as some of our own members (Smurf, Ned, etc.) has, I am positive you will be rewarded.
I am not pumping this stock. I have spent the past 3 years researching their Abuse Resistant program and am very confident in their products.
And it doesn't hurt that they are cash flow positive on their generic drug business too.
Just my opinion on things.
Wow, I should be studying for finals and not writing all of this haha.
Take care everyone!
Another long term pick I am considering picking up is Pozen Inc. POZN
Their main revenue generator is a drug called Vimovo, which was licensed out to Horizon Pharmaceuticals... another long term pick that I truly admire.
Pozen is in one of those unique bio situations where they are making money as a company before any of their own (go at it alone) drug as been approved.
I am considering picking some up for the long term... very soon.
Welcome to the board MOFO lol. They got some great picks here! I look forward to reading your posts!
5 million dollars! Less of a need for LPC. Great news!
Currently in ELTP, IPCI , and AMMX! You?
Thank you Smurf! How's your portfolio doing today ?
Yes! Finally! This is basically the phase 3 trial ! Results due end of the year!
Exactly. I don't post as much on iHub right now, but I'm reading everyday. Good luck!
That was a very nice buy! Up big already.
You got a long term investor in me! Super excited!
A 18 year old could throw his $200 life savings into it and call it a strong position haha.
Correct. Essentially, the float is what we can buy from each other.
Jumped into AMMX as a midterm hold. Non- bio company.
Okay thanks. I should definitely follow your obnoxious philosophy on things.
This seems a little unwarranted. Just because I have AMMX listed on a stock app on my phone doesn't mean I had to broadcast it right? Boohoo.
Order went through today and I plan on holding long.
Haha my apologies. Won't be talking about other stocks here.
Yeah I'm looking for any bashers and haven't found any haha. This company is looking really good!
The fire damaged the old high school I went to. Other than that, no other damage. Thanks for asking!
Great to see the strategic minds here. I guess AMMX will be another solid growth company for me.