[b]I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.[/b]
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We have the whole month of December still so with that in mind...
NASDAQ... one of two things is going to happen when Elite gets final approval in 2016. It wont be as big as some here anticipated or it will be much bigger than some here anticipated.
Put me in the much bigger than some here anticipate group.
Abuse problem is much too huge and there is NOTHING currently available to stem it.
Elites ADF can stem this problem. Possibly with time stop it in its tracks...
Looking to add the last to my Roth as well for 2015.
Retirement will be nice.........
They try to push Elite down at every opportunity... but Elite rises with every push down.
They have some of December to give it their best shot.
Maybe get Elite down to $0.33?
Just wonder where that $0.02 prediction disappeared to.
Seems to be MIA. LOL
I would have to agree with that jour trader. A rise like JAZZ
would simply be unrealistic.
However... a rise in share price to $20-$30 is hardly out of the question. Once the Elite ADF opioids are 2-3 in number on the market $20-$30 is within reason IMO.
There is nothing else out there. Those at Elite know this.
Elites ADF will be a cash cow for many years to come.
$$$$$$$$ Mooooooooo $$$$$$$$$$$$$
Couch do you think 2017 could be the year things really shake out with Elite... depending on how everything goes in 2016?
TIA
JJ
Slight support at $0.30 and $0.32 according to StockTA.
Main support is now at $0.24 followed by $0.25.
Slight resistance at $0.40
Things will change quickly with this chart I expect. From week to week to almost daily in the coming weeks.
Should be a fun ride long term.
Thank you for your charting Sharpei.
Elite slowly building.
Now that was a classic John.
Waiting on the CEO to give the word?
Word on what?
One can always dream about $0.02 per share......
nevermore nevermore.....
Never was.....
And just where is that $0.02 per share Elite stock price?
NEVER to be seen.... ever. LOL LOL
The Elite choo choo is beginning to creep ahead.
Oh YEAH!
Gotta love it! $$$$$$$$$$$$$$$$$$$$$$$$$$$$
Rich... NH will not rest until how many shares outstanding?
How many shares are outstanding NOW Rich? Not 995 million. Try something much lower.
More misinformation..........
The FDA will scrutinize potential monopolies.
Good question rollin....
Couch I hear you loud and clear my friend.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Mike anything you buy right now is a steal. Price matters only when getting more bang for the buck.
Anything below $0.35 per share Mike.
%0.25 is nice too.
Support is at that price... so.....
Aqua... Elite will hopefully be my springboard to retirement too. Hawaii paradise lost? I think America is a paradise lost.
So you want to be an NYC girl? My mom was born in Brooklyn.
NYC will toughen you up... that is for sure. Love it and hate it.
It is my home away from home provided I do not get New Jacked in good old NYC.
Cuba will be the next country to crumble. A new frontier for the rich that will spoil the beauty of Cuba in the present.
Elite will get us there.
Aqua.. best the financials have ever been and getting better Q by Q.
All things looking very favorable.
If I had some extra I would definitely be a buyer and add. Look for share price to go into the high $0.20s until the NDA submission approval by the FDA. 2nd week in January?
Could even dip to $0.25 IMO. Another chance to be a buyer.
MACD VERY BULLISH
Good support at $0.24-$0.25.
Now waiting for NDA. They will take advantage and talk the talk about Elite. Wont do any good though. Its coming and nothing they can do to stop it except jabber jabber.
JJ
Typical retrace after positive BE data.
Anything under $0.35 buy accumulate and hold.
Couch I think it is best said that Elites pharmacological approach will sell itself over time.
When given a choice between a technology that has a chance to dump.. can be easily defeated by coke and lemon juice... a microwave oven... or charcoaling the product.... Elites ADF will come out on top most of the time.
This combined with the possibility of law suits if something goes wrong when Elites ADF was available will most likely be leverage
on Elites side.
Nasrat is a very smart man. Remember the Florida article Jerry brought up years ago? 2012? Jerry knew Elites ADF had the potential to help stop abuse back then.
Surely the healthcare sector needs this type of deterrent along with those suffering from chronic pain... many of whom cannot get prescription opioids because of the prescription opioid abuse problem ongoing.
Good stuff Couch.
Nice Rollin2nite. Thanks for posting this Couch.
Looks as if Nasrat is trying to commercialize as much as he can
right now.
Now wouldnt that be something... eventually not being able to keep up with demand. That wouldnt be a good thing but if Elite ever got close to the point of not being able to meet demand I should think many BPs would be lined up at Elites door.
You are 100% right Bngo. There are MANY positives that will make Elite the stock to have and to hold for quite some time.
Epic partnership is so intriguing. 15% profit take may amount
to what could have been a couple of nice generics.
Nasrat Hakim... Jerry Treppel & the BoD... and all of the employees at Epic and ELite are doing a great job.
Site transfer of the two generics still awaiting launch always takes time. Methods developed... validated... stability done for the products... validation batches done.... and all of that stuff takes time. Not like Epic was getting the product which was made at Elite from Elite. The products are "as is" where everything must be developed from scratch.
So much work has to be done for both products in order to get them final approval from the FDA. Launch of those generics will be a nice add to the bottom line.
Instead of $2.7 million in the quarter just from current generics maybe it will be ramped up to $3 million something per quarter.
Then add in the Epic revenue take once Epic gets their Oxy roll out done.
All without the ADF opioids.
Tiny little itty bitty Elite has come a long way from 2011.
Some folks are just jealous Elite has turned itself around.
Pay no mind to them. Longs know what the deal is.
Cannot stop what is to come.
You were asked first. Provide an ADF another company makes that is BETTER than Elites ADF. Simple as that.
Oh... and provide comparative scientific results Doc.
If you can.. but you cannot. NEXT! LOL LOL
Name another ADF out there that is better than ELites.
Take all day if that's what it takes.
Have been through this before and there is nothing on the market.
It will be years before anything comparable will be developed other than "little tiny Elite". LOL
Maz... Nasrat did say that during a CC "FDA cannot stop them" AND
he reiterated that I believe at the shareholder meeting.
Although some laugh they will not be laughing for very long.
Nasrat knows the technology that Elite holds is the real deal.
FDA will be inserting more than their foot in their mouth should they not approve Elites ADF.
And I repeat THIS again! There is NOTHING with regard to countering prescription opioid abuse like Elites ADF.
Even what is out there is nothing more than a JOKE.
Either unstable or the physical approaches can easily be defeated
which is like having a broken condom to try to fix an ongoing problem.
Notice that Nasrat is not giving as much information out as he did when he first became CEO of Elite?
Part of that is a learning curve... and part of that is Elite is VERY close to delivering baby ELI.
The timelines are really a moot point. One may not hang on Nasrats every word if one chooses to do so... but as with chicken little one day the sky may just fall on those who did not take his timeline seriously.
Do what cha gotta do for whatever reason ya do it...........
$$$$$$$$$$$$$$$ is coming. Cannot stop what is going to come.
Would anyone like to comment on the Epic oxycodone IR... Elites 15% take on revenue over a 10 YEAR period?
IMO I think that is very nice.
Also IMO it will end up being funny money anyway.
But for now I think Epic/Elite will start making end roads into
the prescription pain medicine market. Epic will get it started
with its own oxycontin IR. ELI-200 will follow.
I like the strategy.
Absolutely...... WRONG Rich! Takes time to get drugs transferred from site to site. Ever do a site transfer?
Nasrat said 1st Q 2016.
So my take on this is..... Epic has also been working very hard on their oxycodone IR launch, Some items have been temporarily put on the back burner.... while others go full steam ahead.
Elite gets a very nice 15% cut off of Epics Oxycontin IR sales.
Very nice revenue to add to the other generics Elite also has.
That alone may end up bringing in more than all of the generics
Elite has currently with the two still to launch.
And what of the oxycodone IR? Was hoping someone would ask if Epic eventually will license Elites ADF technology, or maybe Elite gives Epic the ADF technology for the 15% revenue over a 10 YEAR period.
If Elite allows Epic to include the ADF technology in its Oxycodone IR healthcare professionals will likely prescribe that over any oxycodone IR currently out there.
Epic and Elite creating synergy to move forward.
Nice find indeed. Thanks Dr Bob.
2016 will be good. I think 2017 will be the year to watch.
Epic will also be something to watch.
Epic entering the prescription opioid sector with oxycodone while also doing manufacturing of generics for Elite. Don't those watching this kind of feel it strange that Epic is going to be manufacturing oxycontin at the same time Elite is coming out with ELI-200?
Could be more than a partnership here brewing. Call it a midsized
ready made pharmaceutical company. Lots of generics... lots of manufacturing ability to make both generics and ADF opioids.
I know we have been down this road many times before but it is looking more like a perfect fit for both companies which already work well together.
Thanks Lasers. Did not know at $4 some could jump in. Maybe that is why some companies choose to up list to NASDAQ at $4 rather then $2 per share.
Once up listed to NASDAQ the big institutional investors will eventually come in. I believe stock price must be $5 for a period of time before they can pull the trigger.
We already know Morgan Stanley has their eye on Elite. Others no doubt have their eye on Elite as well.
Does not really matter what I posted before. Elite holds the nut flush. 100% chance of a winner.
Gman it has to do with exclusivity rights when approval is given whether it be a 505(b)(2) or an NDA. There is a difference here.
But even with a 505(b)(2) it may be good enough for Elite.
An NDA would be a real bombshell and would IMO supersede patents
thus bolstering patents in a way.
This may be big depending on which way Elite is going. Camargo
does only 505(b)(2)s but what if Elite took another path the FDA allowed and Camargo is still helping Elite with the process.
Money is money green is green.
Not sure of things and must talk to someone that can help me further understand the process.... a regulatory guy at my work.
Will get back to this board later.
Thanks Lasers. Just woke up.
So in reality we don't really know which path Elite took... right?
Thanks again. Have to talk to my regulatory guy about a few things.
No wonder Meifud is posting what he is posting on Yahoo.
This person knows the pharmaceutical game well in my opinion and has probably been a longtime Elite shareholder.
Yesterday was n eye opener for me.
As Aqua says "Cheers"
If what I found out yesterday was correct your whole world is really going to come apart and Elite will hold ALL of the cards not just a few.
Elite may hold the nuts here.
Nasrat and company may be a master stroke and not too much anyone can do except hope they do not get approval for ELI-200.
Cao
Lasers can you help me out here? Elite is submitting for an NDA
correct? Not a 505(b)(2) right. This is an NDA right?
Does not an NDA carry a positive stipulation to the pharmaceutical submitting the NDA if approved?
Cannot sleep. Got home from work and just a little wired.
There is a reason I am asking. Possibly a very good reason for Elite. Will try to PM you after 4pm.
JJ
Ummm not quite Jobrano. Looks like volume is picking up at price is now in the green.
Power hour is coming.
$0.40 at close? 10 million plus at close? Could it be?
And where is Sharpei? Could use some insight right about now.
Already 9 million in volume and only 1:40pm. Mid $0.30s almost filled. Price now pressing $0.39. Elite looks to continue its run.
Nice and healthy with back fills along the way.
Close GREEN today?