InvestorsHub Logo
Followers 60
Posts 2078
Boards Moderated 0
Alias Born 03/27/2011

Re: richme post# 16913

Friday, 05/18/2012 10:54:19 AM

Friday, May 18, 2012 10:54:19 AM

Post# of 402512
I have some friends that work for a hedgefund that manages over $12 Billon, and they have never heard of ELTP. OTC stocks aren't even on their radar for the most part. This news isn't a secret, but much of the investing community has no idea because they don't ever look at OTC stocks. Elite needs to show sustained profitability along with offering longterm high growth potential. This patent lays the groundwork for the longterm big payoff. The following months will begin to show profitability. Then we will begin to see larger investors coming in, which will give the PPS the steady increases we are looking for. Looking for a huge spike from the patent news alone is misguided, as it likely wouldn't be sustainable without more news regarding clinical trials and partner announcements.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ELTP News