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Ive said it before but today's 44308 shares are the last I'm going to buy. I don't know if there's such a thing as having to many shares but I have plenty and will hold until the opportunity presents itself to reap the returns I'm confident are within striking distance.
Good luck to my fellow longs.
Yep I remember that well. I sold a little over 432k of my .0723 shares between .84-.76 which left me with a little more than 800K freebies. With purchases in the low .20-.22 range and a few shares in the .30's and now with shares bought in the .16's my avg is still barely over a nickle per share. I can and will wait it out. I'm not going to shag out now. All we need is a little good news and we'll be just fine.
Good Luck to my fellow longs.
Some here traded part or all of their position on the way to .97 or on the way back down. Some of made enough money to be riding free shares or pps in the very low single digits. To make gains 10-20-50 times your investment isn't going to happen overnight unless you're the best ever at buying low and selling high. Elite will make millionaires out of those that have the discipline to weather the wild price swings.
I'm going to continue to tailgate up to game time here in Columbus to see the Buckeyes get back on track. Tomorrow in Cincinnati for the Bengal game. I love the weekends when both are home.
Good luck to my fellow longs.
If this goes to .06 I'll buy another million shares. I know what I own and believe we're very close to breaking out. It seem that sentiment is that we're in for a long drawn it ordeal, but in reality if it takes 6 months, which is a short period of time in Pharma-FDA land. When we pop, it will be a steady climb North.
Hang tough, we will be rewarded. To get the 10-20-30 times the PPS one needs to realize that it won't be easy to wait but the reward will be all worth it. Thinking about how good peoples lives will change help to keep holding, and the fact that some here have already gotten returns of multiple times their PPS.
Good luck to my fellow longs.
Opioids are a huge problem everywhere but this hits pretty close home for me. I live about 30 minutes from Huntington WVa. If the FDA doesn't think they need quicker approval of ADT opioids Huntington WVa may think differently.
I tried to post the link but couldn't. Search Huntington WVa overdose and you can see he destruction OxyContin and other opioids have done.
CNN)-
There were 27 heroin overdoses within four hours, including one death, in Huntington, West Virginia, on Monday August 18 2016 Officials believe the drug may be laced with something to make it particularly dangerous.
West Virginia has the highest rate of fatal drug overdoses of any state and the highest rate of babies born dependent on opioids among the 28 states that report data. But even compared with other communities in West Virginia, Huntington sees above-average rates of heroin use, overdose deaths, and drug-dependent newborns. Local officials estimate up to 10 percent of residents use opioids improperly
Good luck to my fellow longs.
I read that too. I deposited a timber royalty check in my brokerage account. I have plenty of shares at a low single digit PPS but it's kinda hard not to buy dollars for .17 although we were told this would be .02. I look to see something shake loose here soon. We could see the domino effect. I've been working putting the herbs I grow away for storage.
Good luck to my fellow longs
Excellent post. I saw 10mg methadone hydrochloride listed although most clinics use the liquid for methadone was wondering about Elite being able to acquire the rights to either be a contract manufacter or even better be able to work a deal like with epic and the oxycodone, but try to get some kind of deal. There is a shortage of doctors in the Ohio Kentucky and West Virginia tri state area. All of the doctors in this area are at their maximum number of 100 Suboxone (buprenorphine/naloxone) patients. I do believe congress has uped the maximum number to 250 of patients, but I'm not positive 250 patients is the new maximum number I don't have that info with me. My point is with the rising number of addicts and a shortage of doctors that treat addiction with Suboxone, which is more wildly considered to be the gold standard and people that wanting to get in are put on the waiting list for a spot. Some use Methadone and some of the old timers prefer methadone and people that have to decide whether keep using or go to a methadone clinic while waiting for a call for Suboxone that doesn't come, meanwhile the addict could overdose on heroin if they don't go for methadone.
If Elite could get the rights to liquid methadone or buprenorphine generic tablets just like Nasrat said about the new deal with the high dollar generics a small percentage for Elite could(would) double triple or more yearly revenues.
Good luck to my fellow longs
To release a PR for the sake of a PR is senseless and a waste of time. I did my own DD and I am happy with the returns thus far. My personal account is still green and will be for a while. My account I opened for my grandkids college education is red but not my much. I'm going to buy more down here and should be enough to turn that account green.
If folks want a PR there are many companies out there that. churn them out, here's a couple that I have that keep you informed when needed. ANIP NVIV
good luck to my fellow longs.
Jeff I've been very lucky trading. I've made enough to get my pps down under 4.75. I made a little over $7300 on the last 375 share I bought and flipped. Not bad for holding 6 or 7 weeks.
I went into Elite with the understanding that for me to get a several multiple percent return that I was going to take a while to see such returns. I got lucky and sold enough on the way down from .97 to get my nearly 90K investment back and around 250K in my account. Now that we have all the pieces in place and taken a shot on SquestOx approval, Elite now knows what it needs to get it approved. The abuse deterrent component was not an issue so once SquestOx is approved we will see the share price move north and that's when I believe an offer of offers will arrive. I have the stones to wait until then.
While waiting check out the story of BPAX and what happened to it after its lead drug Libigel, a drug for female sexual disfunction and how it performed after 2 reverse mergers and a reverse merger with Ani Pharmaceutical on NASDAQ ANIP. It will show I will wait for the big return. My $9.16 shares are trading at $67.xx. Maybe it will help while we wait here.
Hey Kenny and Maz
Good luck to my fellow longs.
.35 will be cheap. I'm glad I bought my shares after doing my own DD and not following a public message board. I'm extremely tickled that after the 'buy anything under .35' statement I didn't wait for it to reach .40 before I bought. I do believe that .40 will be cheap also once the ADT machine is cranking out opioids for needed patients.
Good luck to my fellow longs.
Hey Jeff I agree with that statement. I've made enough trading in and out here while maintaining a core position. I've been extremely lucky I'm the first to admit that. I'd like to hang around and see if libigel comes into play by ANIP if not I'll still have my 50K+ CVR's and hopefully at least get them into play
I hope you and yours had a great summer and continue on with much success.
Nasrat Hakim is a QC guy from Big Pharma and is doing a fine job navigating this ship called Elite.
I'm sure a QC guy from Big Pharma has the ability to implement whatever the FDA requires. It's not like he worked for some rinky dink electrical company keeping track of extension cords.
Good luck to my fellow longs
The share price will have to drop quite a bit more to take me out of the green. I sold over 400K on the run to .97 that left me more than 800K freebies. I'm tickled to death I didn't wait for .40 to jump in although I did buy a few between .20- low .30s which is the only reason I have an average share price in the .05 range, which ain't to bad.
Good luck to my fellow longs
Folks need to do their own DD and that way they know what they have and cant blame longs or whomever for whatever happens during the ownership of the stock. I'm satisfied that I did my own research on ELTP and I'm satisfied I've made my own decision to buy and sell shares as I see fit. I'm a man that takes responsibility for my own actions like everyone else should.
Good luck to my fellow longs.
I'm glad I did my own DD and bought 90% of my shares between .05-.08. I know some waited and got in around .40+ but no need to worry ELTP will come back with a vengeance. JMO.
Good luck to my fellow longs. The wait gets shorter everyday.
I'd like to have the answers to all the questions raised but reality is we all find out when the company decides they want us to know. I'm confident with with what I own and at the PPS I'm in at. If it takes until this time next year for a couple ADF opioids I'm ok with any time frame. I can sell any amount of shares for profit anytime I want. I will hold until I get at least a 20 bagger at my average PPS.
Good luck to fellow longs ESPECIALLY KENNY!!
For those of us that bought tons of single digit shares and made a trade on the retreat from the high of .97. By trading a third of my position I ended with a wad of cash and over 800k free shares. I can wait for the 2-3 years it may take to fully realize the full monetary impact ELTP has the potential.
Good luck to my fellow longs.
I have a 5k buy order all day and it hasn't filled.
I along With others are still hanging onto my shares with a death gripp. I'm standing on top of my D-6 dozer, which ELTP paid for, so I can check out share price buy. sell Or trade. and take a break from widening and cutting the creek deeper to help keep it from flooding my new metal barn for all my trucks, tractors, Harley's and the rest of my toys. If his falls back to lower 50's upper 40's for trading
Good luck to all that hold shares.
SCHH I live about 45 minutes from Huntington WVa and the overdose problem is almost as bad. They've recently started a needle exchange program aimed to help with all the related harm that using and sharing needles over and over cause.
Hopefully the FDA will follow its previous allowances and approve SeQuest as an IR ADT drug and get them out on the market where they can curb the abuse of prescription drugs. It's a crime as to the marketing of OxyContin by Purdue that has really jump started this epidemic. Addiction has touched all our lives in one form or another. We all have or known someone in our or friends family that has been effected by drug abuse or even death. ADT opioids will help prevent abuse as far as prescription drugs go but for those that have turned to heroin are the ones that need the most help.
Good luck to my fellow longs.
90% of my shares were bought at .07 and under and they are held in my long account. The rest of my shares have been bought and sold in the .20's and low .30's and now average .161 through trading. Those shares are also the shares I have earmarked for my grandkids education so I'm not pressed, I can wait it out as long as anybody can. Catty, I'm still hanging in and even adding when it hits my price.
Good luck to my fellow longs.
Id think PFE would make a play for ELTP since the tech is similar and the fact that ELTP can take any name brand drug and make a generic. With the cost of current ADF opioids being so high and more states making insurers cover ADF drugs it just makes sense to make generics. The savings alone on the development and trials make it a very attractive market IMO. Teva seems o have done alright I don't see why Elite can't, given the time and the way insurers and FDA are pushing generics to the forefront.
The cost of a single 80mg OxyContinER is around $18.40 while an 80mg OxycodoneER is around $9.16. It sure seems like a no-brainer for the insurers. My prescriptions are covered with my co-pay being $5.00 for generics and $10.00 for brand, unless the script has DAW(dispense as written) on it, the. It's covered at the generic co-pay of $5.00.
I'm still in and have traded a few times for enough cash to buy a couple new toys for the farm. I've got a buy order in just waiting for the dips.
I've been busy getting ready for a hog roast for the Memorial Day weekend, all my "friends" here are welcome to attend. It's the last big blowout of the summer and we do it up right. Y'all can count on that.
Good Luck to my fellow longs.
That's been my thought all along. Even though SequestOx is indicated for acute pain to be used as needed, I'm looking at my bottle of IR Oxycodone and the instructions on the bottle say 'Take one tablet every 6 hours as need for breakthrough pain' so I've noticed all the scenarios on here have folks on airplanes, buses, cabs, horses, camels and other inconvient situations eating fatty meals or just ate a fatty meal and are struck by acute pain leading them to maybe taking to many tabs because of delayed relief. It's also said that SequestOx is prescribed as needed for acute pain. So if it's prescribed as needed for acute pain aren't there still directions for use on the label of the bottle when you get the script? I mean it not like "as needed" means take as many as you want until to feel relief regardless of a fatty meal or not.
SequestOx:
Take one tablet every 6 hours as needed; not to exceed 2 tablets in a 6 hour period.
Pretty clear and not a lot of direction for a medication that helps keep a persons pain in control. Patient pamphlet that comes with the script includes:
For best results take on an empty stomach 1 hour before or 2 hours after a meal. IF YOU MUST TAKE WITH A MEAL OPEN THE CAPSULE AND SPRINKLE CONTENTS ON A TABLESPOON OF APPLESAUCE, PUDDING, OR JELLO AND SWALLOW FOLLOWED BY RINSEING YOUR MOUTH WITH WATER.
Granted I'm just a retired skilled laborer but those directions seem pretty simple to follow to me.
Doctors usually try to prescribe the lowest effective dose possible and taking 2 tablets in a 6 hour period shouldn't put anyone at risk if properly prescribed using the patients medical history as a guideline, such as;
is this an opioid naive patient.
Good luck to my fellow longs.
People with chronic pain prescribed IR opioids along with ER opioids for breakthrough pain. Before I got my pain pump implant I was prescribed ER opioids to be taken twice daily like 6am and then 6pm along with IR opioids "to be taken every 6 hours as need for breakthrough pain". In chronic pain patients ER opioids are used for around the clock baseline pain.
Good Luck to MY FELLOW LONGS.
Nasrat has a quality education from quality universities so any slam on his intelligence is unfounded. I'm sure there's a lot of highly educated folks here with just as impressive credentials. It's not like he got his GED so he could get into to tech school or community college. Anyone that infers that he's not intelligent should really think about how their education compares to his.
I have been in pain management for several years as a result of an industrial accident. If it wasn't for my Dr I would have had to retire about 10 years earlier than I did. I have experience with oxycodone and the time difference it takes to kick in when compared to taking it on an empty stomach or after a meal. It takes at least twice as long to take effect after eating if I don't wait at least an hour and that's with a regular meal as we rarely eat anything other than the animals we raise or I shoot hunting and vegetables that we raise and put away in a cellar or freezer for winter. Rarely anything processed except ice cream and we make that a couple times a month. I guess the fatty food I really notice the difference in time of effectiveness is ice cream especially when I crush a couple 30mg oxycodone and sprinkle it on my ice cream. Lol not really. Ice cream is the one that buries the time it takes to act for me. It didn't take long to learn to wait to either eat or take my pill.
My opinion of the CRL about the safety concern will be negotiated with the FDA and the agreement will be to do the applesauce thing and the solution will be a label modification.
Good Luck to my fellow longs. It appears most of us longs have held our shares with both strong hands.
I agree with you. I emailed Dianne and expressed my disappointment in the quality of the PR for the CRL. I sent Her copies of the 2 examples of the PR's other companies released highlighting how they gave guidence on content on steps moving forward and expressed my opinion that the proper way for Elite to proceed would be in a similar manner.
She probably deleted it as soon as she saw the subject line and I'm sure it won't even be read but I felt at least It made me feel a little like I tried.
I'm going to hold. Maybe Nasrat was caught off guard and has recovered and will release info on the CRL like it should be, but I don't really expect that to happen.
Hopefully it something that can be addressed in a timely manner and get us approved before the end of the year. I don't feel it has anything to do with the tech or anything that will kill the company...but like everyone else I'll have to wait to find out.
One thing I do feel fortunate about was my decision to buy my new Harley. I was going to use the money to buy more shares and flip enough after "approval" to get it. At least I don't have an additional $30K worth of ELTP sitting in my trading account and me wondering how much it will be worth on Monday.
Good luck to all.
They're are a few who are down since buying or adding during the run to .97 but some of us are sitting in the catbirds seat because we sold into the run and bought back after. Lol. Yeah I'm not mad at being able to pocket close to 500K and retain over 800K free riding shares. Since I've added in the .20's and 30's it makes my 1.26 mil shares pps of a shade under .05 not suck. I'll do fantastic as will anyone who has shares now at any PPS.
Down huge under Nasrats watch? I don't think so.
Good Luck to my fellow longs.
My once daily post.
I agree. I believe it says we are moving forward with ELI201 and ELI202 right after we get this SequestOx approval. I'm sure they want to be ready to cash in on the pop from the approval. At this point I don't think around 5% dilution is a bad trade off for cash to file another 2 maybe 3 drugs for approval. ELI201, ELI202 and ELI 216 wouldn't be a bad trade off at all. It would be nice having 3 drugs awaiting approval, or it would at least be worth more than the 5% dilution caused.
Good luck to my fellow longs.
My one post for the 80th day.
I'm with you on that one!!! I could care less if they ever get bought out if they'll just turn it loose every 2-3 years for a 2150% gain. I'll know to sell more than 435K shares next time, although getting to keep 819K shares for free didn't suck.
Some of the younger folks are waiting for a buyout to set them up for life, well I'll be 58 on the PDUFA date of July 14th and have been retired going on 3 hrs come September, so my life is already pretty well set up. Our house is paid for, we travel, vacation wherever whenever we want, buy new cars, trucks, and motorcycles whenever the mood hits us, so I'd say for me, life at 58 doesn't suck and it will get better, much better. I'll take whatever I can squeeze out of my shares to have even more fun than we do now. One thing I am proud that I have done is to have bought 368k shares and earmarked that account for college expenses for my grandkids. With 4 grandkids thus far by the time a buyout comes or all the ADF opioids are launched that account alone could be worth plenty enough for college money for our grandkids and possibly even their kids.
Good Luck fellow longs.
My one post.
Excellent point Rob. I don't think that all the folks that Nasrat has put together to form the "team" would leave their former positions to bet on a long shot like Elite. The deal extended to all of us shareholders that bought shares priced from .03's to the .07's or so was take a chance on this tiny company with solid technology fighting with its life to avoid a hostle takeover and bankruptcy. Jerry was the first to step up and loaned the company 1 million bucks unsecured, then bringing in Nasrat who in turn also loaned the company 1 million bucks, unsecured, and brought back the clinical trials to get the whole abuse deterrent drug line up and running to where we are today. It's really only been a blink of an eye when one looks at all the accomplishments Nasrat has from the start of drug trials to the assembly of industry veterans to guide Elite through the current NDA for SequestOx and all future NDAs for the patented 2 bead abuse deterrent opioids.
I'm extremely happy with the luck of finding this jewel. In my opinion this is a rare opportunity for average folks to invest a few dollars and make a substantial chunk of money from it. I picked up another 18265 shares this morning to add to the 23660 yesterday so I am officially done buying....again. Lol. It seems crazy not to buy, I'm just taking a small portion of the money from the sell of timber on my property and adding it to the overall big picture. The benefit is twofold, of course there is the financial aspect and then by select cutting nothing smaller than 16 inches in diameter, it allows the forrest to breathe and rejuvenate making for a healthy forrest.
Good Luck to my fellow longs, the true believers.
Still my one and only post.
My 23660 shares were filled this morning as I was in surgery to have my pain pump implanted. Just now able to
Look at my order. I'll be out in a couple days to go home and recuperate, I just have to stick around for initial adjustments and to make sure everything is everything.
Good luck fellow longs.
Nice!! I believe if the PPS gets around the $100-$125 mark, I believe I'd take some profit but since I've been forced to slow down and enjoy life more, well Arty has lead us very well. He has a business plan which he's following and excuting it seemingly effortless and with precision. I am so happy I was so wrong about Arty and the Good Old Boys Club. It almost seems as if we are all members of Artys Good Ol' Boys Club.
Just a crazy thought here during the 7th inning stretch in Cincinnati, with all the predicted income and overall growth could Arty take Libigel to approval with the allowance of the Cardio benefits in the patent? Are our CVRs worth more if ANI takes Libigel to market or do they max out on total dollars regardless of whose dollars that are. Obviously ANI would be worth more, I was thinking $2.10 is the top value with the parameters set within the CVRs themselves.
Excellent post. Sometimes the best answer is the most obvious and simplistic. Of course there are always claims of flippers anytime the share price drops a couple of cents. If trades were that easy to time and lucrative to execute, why aren't those claiming flipping actually flipping the stock? Because there is not enough risk/reward for pennies when much better opportunities are in the very near future. True longs like myself know that and continue to hold.
Good luck to all true longs like myself.
My only post.
Lasers my experience with OxyContin has been sorta love - hate. It acually seemed to work for me around 9-10 hours for the first couple of months after being started on it befor the formula change. After the formula change to make it Abuse Deterrent lol what a joke the tablets didn't seem release the Oxycodone as efficientoh as before and it seemed as relief was only lasting 6-8 hrs on a good day. That's when my dr started me on an opioid rotation. I would be rotated between OxyContin and Opana, hopefully to help my body from becoming adapted to one opioid or another. After becoming disgusted with the poor results of OxyContin, I rotated back to Opana, because it would give me 10-12 hr relief for the whole 6 months of its rotation and after almost 3 years of using Opana exclusively, my dose is exactly the same that it was when I began, except for the first few months after my accident when the frequency of my breakthrough medication was increased to every four hours as needed, from previously every 6 hrs as needed.
Purdue must be held responsible for purposely misleading Doctors and the American Public. At no time did OxyContin ever last 12 hours before requiring another dose to control pain and withdrawl symptoms. If you have ever been lucky enough to have never experienced withdrawal symptoms, don't try it. I'm firmly against being thrown into withdrawl simply because a drug company purposely formulates its drug to perform for less of the duration indicated in the prescribing information for the simple reason of patients needing the drug prescribed more frequently.
You go Maz. I'm calling you Mr BigTime. lol
Good Luck to my fellow Longs
My one post
The approval and subsequent launch of SequestOx will trigger the buyers that have been sitting on the sidelines to buy and with the increase volume comes the increase in PPS. SequestOx will become the first ADF IR Oxycodone with the Abuse Deterrent Labeling and with prove that Elites tech works. Look for the next two bullets in the chamber, ELI201 and ELI202 to be fired in quick succession, or mabe ELI216, depending on Advcom meeting with PFE.
People with "a lot" of shares will jump out early on in the .35-.38 range which really makes no sense to me. If a person is holding a lot of shares now and waiting for the .35-.38 range even on a million shares that's only a 40 grand increase, not even enough money to buy a new pickup, or at least a real pickup anyway. Hopefully a lot of shares is 5-8 million shares where at least a 4 cent bump in share price is at least 200-320 grand, that would make a difference, but not enough for me.
Good luck to my true fellow LONGS.
Still my one allowed post.
total bullshit, but thanks
Jimmy I worked on many construction sites in my 361/2 years in the union. I've worked and stayed out of town more than I care to remember but one thing I saw was some of the younger guys easily defeating the turtle shell on OxyContin and snorting and even shooting it up. It amazed me at how easily it was to defeat using a microwave or a toaster oven and even more amazing was the openness that these guys did it with a couple of us "old men" in the rooms playing cards having s few beers after work.
Elite will set the standard by which all other ADF opioids will be measured. OxyContin should be removed from the market in its present form, hopefully after a few more ADF ER opioids are approved Purdue will be forced to either buy or license an actual working ADF, because what they have now is junk.
Good luck to my fellow LONGS, it won't be long before SequestOx will be the first ADF IR Oxycodone approved by the FDA.
Still my one post for the day, as long as it's not removed.
Total bullshit but thanks