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ELTP is even lower now
Whats going on?
Looks like another down day for ELTP
Things arent working out the way its been reported here lol
ELTP is currently trading down this morning
WOW forget .205, ELTP closes sub .20
Not good
Sure hope ELTPs bid closes over .205 today
You know whats gonna happen if it doesnt
Why is the CEOs forecast not corresponding?
new launches, opening of the storage facility, and new ANDA filing of Concerta. Plus if a needle mover is approved, all bets are off.
Wasnt Elite supposed to transition to a calendar year
No NASDAQ
No meaningful IR
No investor savvy CEO
No winding down of Mikah
but why cant the stock rally for more than a day or so?
Dopamine - was this drug named after you?
Its too bad the CEO doesnt devote a little cash into IR, with a good IR firm
Elite has a decent story to tell which could attract a much larger shareholder base if handled properly
Head scratcher why the CEO always brushes it off
How much do they pay you to talk down the price of ELTP?
You missed the importance of margin rate deterioration and a flat forecast to Q4 to the share price.
Was 21 the other day. How far does this drip, drip down gonna take ELTP?
Maybe until the 10-Q comes out?
However, it looks like Elite has been unable to attract many new investors. Actually, I dont think theyve even made an effort and for some mysterious reason very opposed to list on NASDAQ
Did the 10-K state Mikah was winding down and ceasing operations again?
Dont get too excited cause he's not very bright to begin with
jour_trader: "$70M has no realistic basis whatsoever."
ROFL
The gross margin went down because of the new facility
By registering these shares on Form S-8, it permits the holder(s) to sell them in the open market
This Registration Statement on Form S-8 (“Registration Statement”) is being filed by Elite Pharmaceuticals, Inc., a Nevada corporation (the “Company”), for the purpose of registering an additional 12,730,000 shares of the Company’s common stock, par value $0.001 per share (“Common Stock”) that were added to the shares authorized for issuance under the Elite Pharmaceuticals, Inc.
Millions and millions of new shares being dished out by the CEO like a croupier dealer
Only retail isnt getting a sniff
So retails ownership in Elite drops lower and lower.
Some of those improved revs and earnings being eaten up by dilution
But hey, load the boat no matter what, its about to get real, Hammer TIme
How much do you get paid to hype investors?
40 posts already with hours still to go
What was the Mikah question and how did he blow it off
He completely blew off the question of Mikah
Some annual estimates as high as $68m & $70M but Elite reports only at ~$56m
Heck, Elites annual rev fell short of the great majority of estimates
This must be very disappointing
Last chance to SELL if the numbers disappoint
Please stop posting FAKE NEWS revenue guessing list
Theres only one official list and yours isnt it
Talk about not investing much, what a dumb thing to say
leading up to the inevitable
Sure hope Elite reports exceptional numbers
Hate to think how hard the stock gets hit if they report less than expected
When will you publish the final official revenue guessing list?
Everyone who wants in, is in.
Kirko has done an outstanding job to date so many are waiting for a pop up on good earnings to unload (assuming thats the case)
Theres always a handful that chase stocks after its already made its run
The latest Official guess list was published yesterday
No need for imposter lists
What frightens you about a contrarian opinion on occasion?
If anything, its healthy and contributes to the vetting process
Also, the somewhat "contrarians" here are outnumbered by the pumpers probably 30:1 yet you take issue
Now thats sad
A disappointing earnings report could sure fill the gap
The gaps always seem to fill eventually
ELTP had a rough day today
Light volume closing down under the critical .18 mark
But with all the hype of blow-out revenues & loading the boat - so far its just not adding up
So what is it youre trying to say Elite does have
We did not have these at the $0.03 HammerBottom !
Not here as long as you
However, I was invited to come here re ZombieSequest and warned it was going nowhere fast
Surely you recall loading the boat in the 30's waiting for Hammer Time and NASDAQ and DollarLand lol
Surely you recall
The evidence is clear and decisive, born of past practice by the FDA, Elite will receive approval for SequestOx on or before July 14th (three days hence) AND WITH THE ALL-IMPORTANT ADF LABEL.
Elites p/e is immaterial because it not yet stable or predictable to compare to its industry
Unlike real generic players, Elite is tiny, a pipsqueak. So , the "slightest shift" in revenues/profits can whipsaw their p/e ratio
Yes, Elite is ramping some but very little thanks to its ceo. It took lannett falling out of bed forcing the Kirko hire and pivot to SM
Thoughts
A company growing doesnt mean their shares are fairly valued.
Theres a lot that goes into this, not just a good quarter. Plenty of companies report good quarter/annuals and their stock gets hammered.
Let the market dictate, not screams of hammer time and its about to get real LMAO
Just a handful of investors were buying Monday. Heck, one investor apparently accounted for over half of the trading volume
So it appears many arent so interested in buying more shares. Instead, attention moved to organizing hype over on reddit and other places
The storyline of continuous loading for the $multibillion buyout just isnt lining up with the facts
Elites move to NASDAQ
ELTP would become marginable providing a much easier, less costly means for shorting
Sloppy, must do better than this
Oh wait, this isnt the official list..
poof!!!
Is the 260k shares traded today all your buying?
Did you tell them its traded almost 50,000 shares already?
That should light a fire under them lol
Pathetic hype for those claiming never to sell until the "inevitable" $multibillion buyout
40k shares traded lol
Unless Lazarus buys another couple mil, the loyal, topping off, loading the boat Hammer Time crowd has been exposed