Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Enough with picking the lowest stock price over 3 years to "prove" its worth. My ameritrade shows eps of $0.04 per share translates to a P/E of 5.76, typically P/E are 15-20x, so right now sp should be 3x current price, or $0.66. Why isn't it there?
Great, so they announced that they have more mouths to feed. What about updates on any of their benchmarks? What about the reasoning why they didn't hire these people before? Seems like that this means fda are requiring further studies for their submittal.
Gee, maybe they'll finally do something about the mm?
FINRA has imposed a quoting and trading halt in all OTC equity securities as of 11:05:06 a.m. ET due to a lack of current quotation information currently available in the marketplace for OTC equity securities.
FINRA will notify the market when quoting and trading in all OTC equity securities may resume.
Nasrat is precisely the reason why the stock is plummeting. He promised certain results by certain time frames that are not being met. There may be a significant issue with the be trial, for the report being held up. Or perhaps FDA wants more trials, or more stability data. In any case he has a responsibility to keep us informed. Obviously we're not getting any news so what should we think?
Maybe JT is leaving the co.so a new BOD member, likely from the partner or buyout, can be named. It would be good to get him out anyway. He can take his barking dog with him
Kite pharmaceutical has a market cap of 854 million, with no products. Elitepharma is further along, has revenue, so current market cap should be 800 million to 1.3 billion. We should see that within 60 days
10Q out, 61% increase in revenues not inlcuding NOVEL. studies on track.
When I contacted the person residing at 425 University Avenue, Suite 601
Toronto, Ontario, Canada this is the response I got: this company is no longer using this address.
The poster providing the website information has not indicated the reason why the address is no longer valid.
The address listed on website on university ave. is the one they no longer use
The company is no longer using the address listed in the sec filing, I was informed today. Probably why no responses. G. L.
My understanding is that one of the lawyers in that office allows his client to use her address for their business address. No physical presence of Easton is there. No secretary, phone lines, copy machines owned by Easton pharmaceuticals.
Sorry, everyone, but the corporate address provided by the company is an attorneys office in Toronto. No physical presence of the company exists at this address. 425 University Avenue, Suite 601,Toronto, Ontario, Canada
Thank you that does make a difference. Now let's hope they don't sell anytime soon
Relax, it's probably just LPC buying shares per the financing deal.
Poorme has a point, what % of the $40M will actually be expended on art? What if board pays themselves $1M salary "admin expenses" , or only 25% spent on art development? How did they spend the first $10M?
is it possible that there is no interest from other pharmaceutical companies in elites ADT? what would a hostile takeover look like? Start by bringing down your price and acquire?
The william %r is in oversold range below -80, and the BOD have not sold single share. Still holding
No it means a. Should have sold at $0.95 and b. They cant get their shlt together to partner. Going it alone means slow product development to 1 or 2 vs 15. Why cant they get partner? No demand for the adt?
I was disappointed that I held on through the runup, consoled by the fact that elites BOD didn't sell. That was reassuring.
I'm not that good, I ended up with the same shares but only $62k
exactly IR's response 'the fundamentals of the company are the same as they were last week, and last month.'
No form 4's = no problem. Do people think that insiders selling?
I made a deal a long time ago to promise myself to keep at least 500 K shares. I had a few 100k for this type of flipping, but the last couple days were the most stressful in a long time. It kind of sucks when you realize you are the retail investor that everyone talks about responding with emotion. I made sure that at the worst I would sell at a profit, but keep that core. even after the last couple of days I was still able to do that. A small victory of sorts. Still waiting for partnership news. Gl TA
Couch may have nerves of steel. I had to preserve some capital so sold 100k to keep down heartburn. Still have over 500 K. The Shares I let go at .68 I had bought in the teens, so 5x profit will have to do on those. and in case it does adjust to the 50-day average at 0.41 I can buy back.
supposedly you have an advanced degree. It means that they still can't seem to find a partner even with the study results. At least that is what seems to be indicated by the selling especially if you see form fours next week
yes it does have something to do the company. What if it is them selling the shares to pay for studies because they still couldn't manage to get a partner? I still wish the worst for traders and shorters.
maybe the company could actually Fkn do something for once and help us out. I wish the traders and shorter very bad karma. I wish I could do more than that.
why would you hope for 50 cents or lower? Usually I ignore posts like that, but because you've been consistent in your support, it tends to give a statement more weight. You expect to pull back to that level?
if we see a bunch of form 4's in the next few days then we'll know about the partnership prospect
I know, I bought just prior to the FDA Recalling the lodrane, and listening to Jerry's frustration. My question was regarding the latest valuation as discussed by Hakim, which would have been recent and not have taken the lodrane into account as a revenue stream.
is there a particular reason why the valuation of $2 has not been reached yet?
my million dollar mark is at t$ 1.72. Of course now I have to start eating better and exercising so that I can actually enjoy retirement.
Is that a credible lol independent lol analyst lol or still not good enough lol
I did that, but I limited it to 20 percent of my holdings. I bought most of my shares under 10 cents so selling 150k shares at 34 cents I recovered my initial investment so half million or so shares left over are free.
Thanks to all for the information. I hope it means big news coming.
I'm sorry, I don't wish to get off track. What is the significance of making those shares immediately exercisable versus keeping the agreement as original? My ID is my only ID period dot
It means that their shares are immediately exercisable. Now They can start selling right away, as opposed to waiting for three years. Perhaps the trials aren't going well? They certainly haven't provided any information to the contrary yet. And they always choose to work around SEC rules by taking advantage of any exemptions or not applicable situation, as opposed to doing the upfront thing and informing the shareholders.
PARTNER NEWS
hopefully it's coming soon
I sold 5% of my holdings at the run-up above .16. That way I can feel ok if it retraces but not miss the ride. I still hate traders/flippers