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A very very hard time finding another at .12 with as much lined up.
I still think Elite's past is hanging over their heads in regards to pps. These next few approvals and next earnings report will help chip away at that, imo.
Oh crap, knew I should've gotten out today! Those products could literally be approved any day. Not to mention they'll just get additional dosages approved at any time without mentioning it.
lol lol
So now I should definitely sell all my shares right? LOL LOL
Snap... So Elite makes 3 different dosages of phentermine now instead of just 1 from before, right? I guess I thought they just added a second dose at first. 37.5, 30, and 15mg?
ELTP!
Wow. Sure enough, haha! Elite always cooking up stuff behind the scenes! Love this company.
You'd think!!
I'm excited about the undisclosed ANDA pending approval. Who knows what it could be? Must be undisclosed for a good reason!
No kidding, really excited.
It makes you wonder.. the PR on friday implied that the 2nd facility is currently in use..
If they still don't have official written FDA approval for the facility and are apparently using it, how long have they been doing so?
Lol. If ever I start to get the slightest doubt about ELTP, I just read through your posts Couch. :P A+
I just hope they get some good usage out of it before the locusts and tornadoes tear through NJ. lol.
Embeda. Lol.
Hoping I can snag some more cheap seats this week!
Well unless they are breaking the rules and publicly proclaiming it, it would appear that the facility is approved and operating.
You bet. I'm pumped man. Some things finally coming to fruition for Elite.
Jerry Treppel, Chairman and CEO of Elite commented, "We are very pleased that TPN and Elite have reached agreement on a renewed manufacturing and supply agreement for the Methadone product for an additional two years. With the completion of our packaging line and the ability to manufacture larger batch sizes, this product will now be manufactured and bottled onsite at our newly expanded facility."
...Looks like they are using it to me...
Yep and I'll be LOL LOLing and LMAOing all the way to the bank! No brainer.
LOL LOL. Safe to say she probably knows what she's talking eh Couch? LOL LOL
No brainer, pharmacists agree!
Patient as a serial killer.
I really would like to know how many shares we all hold on here combined, just out of sheer curiosity.
Sounds good to me! Hopefully the giant is about to be awakened!
TD-Ameritrade seems like a solid platform and I like using them but crap! This 3-day funding approval process is awful!
Wish my freaking money would be approved so I could buy more shares, sigh.
"With the completion of our packaging line and the ability to manufacture larger batch sizes, this product will now be manufactured and bottled onsite at our newly expanded facility."
So.. makes it sound like the facility is already being used to manufacture?
Cool. Glad that they updated their website to reflect that. Think someone posted that before or something. That whole thing sounds very familiar.
Hopefully the old Lodranes will be re-approved sooner than later. Those were significant revenues for us. So many things pending you never know what will hit next.
ELTP
Less money spent on salaries.
Nice post and good DD AMA. A+
Haha. Kudos Steges, nice post.
Granted, this has been discussed before, but I'm reading one of the stock books I've purchased recently.. "One Up on Wall Street" - Peter Lynch.. And he's talking about asset plays. Companies in which you know that the value of the land or other assets a company owns are not priced into the stock..
Shouldn't the value of our facility alone merit a higher price per share for the company? Not to mention adding ANOTHER facility?
I guess doubling your manufacturing space, internalizing packaging, almost doubling your commercialized product base, forming new alliances/partners with multiple pharmas, introducing new patent applications and etc. etc. is going backwards..? LOL LOL
LOL LOL. Maybe you are referring to some company you mentioned previously called "Lite". This board is for Elite Pharmaceuticals (ELTP). LOL LOL
LOL. Love it Couch. Got your PM a few days back btw but I can't respond privately.
Snagged some more today at .114 myself
Lol yep. Great things in motion for this company. Probably several of which we have no clue about.
"How many 100 million dollar generics are you aware of?"
Pretty cut and dry. LOL LOL
...You didn't ask revenues for each manufacturer, you asked total sales.. LOL.
Agreed that it will take awhile before all 8 are commercialized but my point remains.. Lodrane was "97% of revenues" before it was pulled, according to management.. 15%. Don't rule them out.
Weren't we almost profitable off of our Lodrane percentage of 15% from ECR?
Trading seems gridlocked at the moment
Ah okay I see. So that timeframe is pretty standard then?
Likewise, hoping to snag another ~500$ round of cheap seats today! Glad to be in this stock with all of you hard working due diligence-ers! We will definitely be rewarded over the long term, I have no doubt.
What is your reasoning for the Nov. 15th deadline Lasers? I may have read it before but can't recall. Just curious.
Hoping we see news much much sooner than that!
I hope you are wrong as well! lol.
Personally, I think if we don't see a higher base before November, we will see it after the next quarter's results are posted. ~200% increase in revenues Y/Y as some people have predicted should raise some eyebrows out there.
Time will tell. I'm buying as much as I can as quickly as I can though, rest assured of that.
Haha thanks thorfinn.
I find the energy to keep at it because its the principle.. Misinformation is being posted and it needs to be corrected. I'm glad everyone else is also dedicated to providing top notch DD to us all here at iHub.
Good luck to you and all the longs, we should see our investment gain some value here soon!
Agreed. Ridiculous list of unrelated patents.
Looking forward to possible news, hopefully this week!
One of those 176 still include Xray patents?
"Why would the largest pharma in the world proceed with very expensive phase 3 if they had stability issues?"
Probably because they also proceeded with a very expensive takeover that also resulted in stability issues. LOL LOL