ELTP Discussion Topics 08/16/2014 18:24:21 $ELTP
Yes but if you notice the succeeding year had more products, albeit all within the 8 generics currently on the market. So it is just plain logic that each succeeding year would beat the prior year. Two reasons: 1) drug sales should increase as the products for each company gain market share [could be Elite's lost market share]; 2) the additional drug(s) launched during the year should contribute to revenue. Would you agree with that logic?
Remember one definition of a long. An investors that holds shares for a nanosecond. These is especially true of penny stocks and to my knowledge Elite is very much a penny stock and nobody can change that fast enough.
I am glad you agree that the expenditures are soaring in both operations and R&D and that most of the funds come not from revenues but from selling shares, selling off assets, and taking loans from CEOs which loans are latter redeemed with more and lucrative share deals. Glad we both can agree on these basic facts. Yes facts since there is no speculation to it. The only details that remain unchecked for now is the "how much" part of the expenditures.
One would have to sell their ELTP shares to do any of that; I no longer understand the definition of an ELTP long; that sounds like the description of a flipper.
JL looks that by some accounts we both have been wrong. Thought I would Google it and found several articles that suggest he did invest in penny stocks on the pink sheet. It is true that he does not invest in penny stocks any longer and probably quite the habit after the 1974-1976 fiasco. Here is part quote of article:
http://pennystockwhizzkid.com/did-warren-buff...ny-stocks/
Warren Buffett Loved Penny Stocks
Yes Buffett did invest in pink sheet penny stocks when he was young, according to the book The Snowball. He loved investing in cheap stocks at discounted prices, which at the time were bargains. He made a vast fortune buying penny stocks and day trading. Buffett was investigated by the SEC in 1974-1976 for manipulating the price of a penny stock called Wesco. Him and Charlie Munger bought shares at a higher-than-necessary price. Buffett did this as he was buying the company and had made a promise to a shareholder that he would keep the price above a certain number. He sort of admits what he did was wrong, but it didn’t affect his reputation and one of his companies had to pay a $115,000 fine.
Uh huh sure. Maybe a deserted shack in Hawaii or a bAck yard garden ( kinda cute to call it a farm. lol lol
Yes those of us who bought our property in Hawaii, or our property and farm in Ohio, refurbished a house or put a down payment on a new home, bought a new car or traveled the world all compliments of Elite; are perfectly happy with our "puny" returns.....and we're still here cause our 1000% gains will look puny once our ART is unleashed on the market.
Lolzzzz
I agree with the Bull part. We are just off 8 cents from the 52 week high of 2011 so with all these superlatives and earnings should the PPS be much higher than 34? Answer might me yes it would except for the 995,000,000 in the A/S; few know that the float is about 560M but they remember the 995,000,000 because if not mistaken that is the dilution pool. The the factor in the potential of millions more shares going out for 20,000sf that Elite does not appear to need. Yes, CEO says Elite needs it and someone picked up the spin and said, like in the shares, that all was for negotiation strategy. I don't think so.
And yet the PPS keeps on tanking. Why?
Whatever it takes to sell shares.
Then why does the ELTP PPS continue to go down; is it because of the one half of a billion shares that are now in the float and growing daily?
FY'13 BEAT FY'12 BY $1 MILLION. FY'14 BEAT FY'13 BY $1.2 MILLION. 8 QUARTERS AVERAGING REVENUE GROWTH PER QUARTER OF 73%.
Very Bullish $ELTP
Like 2014.
And yet the PPS keeps going down; Why?
So that explains why the PPS is tanking like the chart says it will continue to do until we get to 0.25 and then we will have to reevaluate.
I think it is br549.
So why is the PPS tanking?
Why is there all this talk about Warren Buffett; he has never owned a penny company?
Naz said that ? Man he is a good slogan guy.................
Yes but if you notice the succeeding year had more products, albeit all within the 8 generics currently on the market. So it is just plain logic that each succeeding year would beat the prior year. Two reasons: 1) drug sales should increase as the products for each company gain market share [could be Elite's lost market share]; 2) the additional drug(s) launched during the year should contribute to revenue. Would you agree with that logic?
Remember one definition of a long. An investors that holds shares for a nanosecond. These is especially true of penny stocks and to my knowledge Elite is very much a penny stock and nobody can change that fast enough.
I am glad you agree that the expenditures are soaring in both operations and R&D and that most of the funds come not from revenues but from selling shares, selling off assets, and taking loans from CEOs which loans are latter redeemed with more and lucrative share deals. Glad we both can agree on these basic facts. Yes facts since there is no speculation to it. The only details that remain unchecked for now is the "how much" part of the expenditures.
One would have to sell their ELTP shares to do any of that; I no longer understand the definition of an ELTP long; that sounds like the description of a flipper.
JL looks that by some accounts we both have been wrong. Thought I would Google it and found several articles that suggest he did invest in penny stocks on the pink sheet. It is true that he does not invest in penny stocks any longer and probably quite the habit after the 1974-1976 fiasco. Here is part quote of article:
http://pennystockwhizzkid.com/did-warren-buff...ny-stocks/
Warren Buffett Loved Penny Stocks
Yes Buffett did invest in pink sheet penny stocks when he was young, according to the book The Snowball. He loved investing in cheap stocks at discounted prices, which at the time were bargains. He made a vast fortune buying penny stocks and day trading. Buffett was investigated by the SEC in 1974-1976 for manipulating the price of a penny stock called Wesco. Him and Charlie Munger bought shares at a higher-than-necessary price. Buffett did this as he was buying the company and had made a promise to a shareholder that he would keep the price above a certain number. He sort of admits what he did was wrong, but it didn’t affect his reputation and one of his companies had to pay a $115,000 fine.
Uh huh sure. Maybe a deserted shack in Hawaii or a bAck yard garden ( kinda cute to call it a farm. lol lol
Yes those of us who bought our property in Hawaii, or our property and farm in Ohio, refurbished a house or put a down payment on a new home, bought a new car or traveled the world all compliments of Elite; are perfectly happy with our "puny" returns.....and we're still here cause our 1000% gains will look puny once our ART is unleashed on the market.
Lolzzzz
I agree with the Bull part. We are just off 8 cents from the 52 week high of 2011 so with all these superlatives and earnings should the PPS be much higher than 34? Answer might me yes it would except for the 995,000,000 in the A/S; few know that the float is about 560M but they remember the 995,000,000 because if not mistaken that is the dilution pool. The the factor in the potential of millions more shares going out for 20,000sf that Elite does not appear to need. Yes, CEO says Elite needs it and someone picked up the spin and said, like in the shares, that all was for negotiation strategy. I don't think so.
And yet the PPS keeps on tanking. Why?
Whatever it takes to sell shares.
Then why does the ELTP PPS continue to go down; is it because of the one half of a billion shares that are now in the float and growing daily?
FY'13 BEAT FY'12 BY $1 MILLION. FY'14 BEAT FY'13 BY $1.2 MILLION. 8 QUARTERS AVERAGING REVENUE GROWTH PER QUARTER OF 73%.
Very Bullish $ELTP
Like 2014.
And yet the PPS keeps going down; Why?
So that explains why the PPS is tanking like the chart says it will continue to do until we get to 0.25 and then we will have to reevaluate.
I think it is br549.
So why is the PPS tanking?
Why is there all this talk about Warren Buffett; he has never owned a penny company?
Naz said that ? Man he is a good slogan guy.................
