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"Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio."
ELTP has a PE of 6.48. If ELTP had an average PE in line with the market the stock price would be around .40 to .52 per share. IMO ELTP is way undervalued.
You're being ridiculous.
Exactly, 1,684,700 shares is a drop in the ocean when you have over a billion shares issued.
There's over a billion shares of ELTP.
1,684,700 shares short is a non event.
Dream on HGiLS
Only 1,684,700 shares are short. WOW
IS THIS SETTING UP FOR ANOTHER RUN?
How old are you, 12 ?
How quickly some of you lose faith.
We have many irons in the fire which any day now might surface.
I'm holding. Nothing I hate more than selling too soon and later watching a stock go up and up.
A big "NO" to any reverse split which is almost always detrimental to current stockholders at the time of the split.
Financials should be posted any day now.
Good action today, 120,000 shares traded so far.
SEC filing on 12/29 shows that KPEA delayed filing financials for 15 days.
https://finance.yahoo.com/sec-filing/KPEA/0001493152-23-046511_1502557
Okay, thanks.
Here's hoping for a good report...
So where's the report?
I'm waiting for the report then we'll know more about what direction this company is heading towards.
There's some action today, 20,000 shares traded so far.
I hope someone is loading up anticipating a good report.
We'll see...
Still no report.
Please post link when you see one.
I hear you, and I am confident in ELTP.
The problem is if something were to happen and ELTP went down it will come back to haunt you with your friends and family.
I thought about telling family about this opportunity, but I decided not to.
Yes but someone keeps buying shares.
When do they report?
How does 30,000 shares trade before market open on an OTC stock?
Time to go to bed, see you all at 9:30 eastern time.
Eltp will touch .24 tomorrow and close at .22. IMHO
But bigger gains to come after that.
.10 was the first resistance level, .15 is now the second.
We've got a lot of catalysts still coming.
15 cents is just the beginning, in my opinion.
We need some news.
I just ignored Jammy, now this page looks a whole lot better.
When does the poison pill expire?
I can't wait for MONDAY!!!!
Just put namtae on ignore.
It's simple, an ignore button on the left.
I just put him on ignore and the thread is so much nicer without the BS.
Good day today.
Nice surge to start the day and then some profit taking.
To be expected, but we're still well into the green.
It's not going straight up but the fundamentals are good.
I haven't felt this good about ELTP in a long time.
The word is getting out.
When it does ELTP will rally catch fire.
IMHO
I feel dumber having read this morning's comments on here.
Come on guys, you can do better than this.
ELTP is going up, just how much is the question for now.
Short term we're looking at a nice spike.
But it could also be a good long term play as many of the ducks are starting to line up.
How to play it I have no idea. I do know that I didn't take good advantage on the rise to a $1 last time it spiked.
I made money, but should've made a killing.
All IMHO
No trades all week. Anyone have any insight?
ELTP once years ago shot up to @ $1.00. No reason it can't happen again. All IMHO
So what happened yesterday to the share price?
It was only 20,000 shares traded so probably just a blip.
RS is a bad idea, mostly a losing situation for shareholders.
If you want to see your investment go lower than RS and uplift to the Nasdaq.
It's a losing proposition most of the time for shareholders at the time of the RS.
Still holding strong, waiting for good news and a surge in value.
Reverse splits are almost always a loser for current stockholders at the time of the RS.