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richme

04/04/14 7:57 PM

#101408 RE: elichen #101404

Lots of hype was a factor. Why we had some speculating it would go up to $1.00 by the end of the week and $2.00 by the end of the month. It was worth $2.10-$2.75 (top secret source) and somewhat higher by an unknown insider. That contributed to it. You did notice that Epic took the opportunity to dump a few shares at $.90 which also was a factor in ELTP tanking to $.37. Thanks for asking. And no, it is not the same taking 3 years to get to $.37, and tanking from $.97. In fact it appears that ELTP has found a permanent home at <$.37.
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pawel2009

04/04/14 8:04 PM

#101409 RE: elichen #101404

Correct. The jump to .97 was unexpected, and since then, there has been some positive news, but nothing negative, so PPS got back to reality (or the lows of it).

I actually feel like the big jump before the day we hit .97 was somehow orchestrated and not simply because of retail investor sentiment, any thoughts?