InvestorsHub Logo
Followers 6
Posts 172
Boards Moderated 0
Alias Born 03/25/2012

Re: None

Wednesday, 02/04/2015 1:50:00 PM

Wednesday, February 04, 2015 1:50:00 PM

Post# of 401444
Was thinking today as I watch level II trade. Today, traders are worried about 1/10 of a cent, or a penny or two. In a year, We won't be thinking about 1/10th of a cent. I know the nay sayers will have other thoughts, but IMHO we will be above a dollar and will be fast on our way to the $5.00 range.

And, BTW, the Feds CAN require a tamper resistant opioid - they regulate what is now sold and WILL regulate the opioid market more and more. I'll tell you why I have proof of that - the Feds just reclassified Hydrocodone to a schedule II controlled drug. As of October 6, 2014 all hydrocodone products are listed as Schedule II Controlled substance. They will no longer be a Schedule III narcotic. Prescriptions can no longer have refills and a handwritten paper script must be obtained for each fill.

If you think the feds want junkies and the revenue that comes from treating them - think again. This change was made to make it harder for junkies to get high. I believe they will embrace the technology and may require opioids to have it in all forms. In some countries - you can no longer legally get hydrocodone, i.e. Belgium, Norway, Sweden, Germany, etc....

Max
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ELTP News