ELTP Discussion 08/17/2014 17:21:43 $ELTP
lol lol again see the law of smAll numbers
ELTP gained fivefold and will have lost fourfold by mid-September; just more tell tell signs of a pump and dump on the OTC; can you image that? LOL
yes the percentage return on investment is greater from .068 to .34 than the comparable percentage loss on shares from .97 to .34. Simple math.
LOL LOL math math math. as far as I know .63>.272 LOL LOL hysterically funny
Simple is figuring out that if one bought shares at six cents a share and sold at the current PPS one would gain a greater return on investment than the comparison losses on those .97 cent shares if sold currently. I agree it really is that simple.
Quote:
Next week it will come down again,
And the week after that and the week after that and week after that until mid-September when we retest 0.25.
Over 600 posts since Friday morning. You think a run is about to begin? I sure do.
Make sure to listen to the conference call tomorrow.
Quote:
that puts us around $1.1 billion.
With zero profit. LMAO
Lol lol so is losing .63 worse than gaining .272? Lol lol simple reAlly
For now that sounds like the old would, could and should famous in the pennies. Next week it will come down again, next quarter. If the trials aren't successful. If .30 doesn't hold.
Uhhhmm...unless you are saying that all shares were shorted and being bought back at .97 then you are incorrect....and I know you are incorrect because my sales represented most of the volume at .97 so pick another pretend number but again the volume doesn't support your hypothesis either way..,
Small numbers has to take into account volume sold at each number obviously so picking the very highest trade doesn't represent truth.
Truth is longs made a ton of money by taking the position opposite to what you have been stating. Your position has been incorrect since .06 and the history of the company has beared out the predictions of long term investors which it would seem pretty much everyone here is.
Listen to the CC coming up tomorrow. Gonna be lots of fun
When it comes to the real world of investing and trading I like both. So it actually matters where one bought and sold. Clearly, in the example the percentage of return from .068 to the current price per share is higher than the percentage it has dropped from .97. The increase actually wins out here not the declines.
I'm going to assume at least $2.10/share. So with the current OS, that puts us around $1.1 billion.
Hmmmmm lets do the math
.63 decline vs .272 gain. The declines have it.
Quote:
the decrease less than 3 fold.
For now
Quote:
The PPS has done nothing put outpace the increased float.
That is why the PPS is tanking now; reality has set in. Elite is a company with zero profit and now hundreds of millions of shares in the float and the float is growing daily. Elite is just your typical penny stock and investors can see it now.
No I am not mistaken. The PPS since Nasrat has become CEO has increased 5 fold. The PPS has done quite well for the DD Longs here. The increase has been 5 fold the decrease less than 3 fold. Next
Glad YOU did not mind. Thanks
I think what was meant to be asked was how much has the float grown in the last three years vs how much higher has the PPS traveled in the GREEN. The PPS has done nothing put outpace the increased float. Company is already CFP off of operations and chewing into ART R&D costs. Only a matter of time. Next
Quote:
Consolidated revenues were $1.2 million for the quarter, an increase of approximately 61% over consolidated revenues for the comparable quarter of the prior year. The significant increase in revenues is due to the continued growth and expansion of Elite’s generic product lines. In addition, Elite monetized its minority ownership interest in Novel Laboratories this quarter, receiving $5 million and recognizing a related gain of $1.7 million.
lol lol again see the law of smAll numbers
ELTP gained fivefold and will have lost fourfold by mid-September; just more tell tell signs of a pump and dump on the OTC; can you image that? LOL
yes the percentage return on investment is greater from .068 to .34 than the comparable percentage loss on shares from .97 to .34. Simple math.
LOL LOL math math math. as far as I know .63>.272 LOL LOL hysterically funny
Simple is figuring out that if one bought shares at six cents a share and sold at the current PPS one would gain a greater return on investment than the comparison losses on those .97 cent shares if sold currently. I agree it really is that simple.
Quote:
Next week it will come down again,
And the week after that and the week after that and week after that until mid-September when we retest 0.25.
Over 600 posts since Friday morning. You think a run is about to begin? I sure do.
Make sure to listen to the conference call tomorrow.
Quote:
that puts us around $1.1 billion.
With zero profit. LMAO
Lol lol so is losing .63 worse than gaining .272? Lol lol simple reAlly
For now that sounds like the old would, could and should famous in the pennies. Next week it will come down again, next quarter. If the trials aren't successful. If .30 doesn't hold.
Uhhhmm...unless you are saying that all shares were shorted and being bought back at .97 then you are incorrect....and I know you are incorrect because my sales represented most of the volume at .97 so pick another pretend number but again the volume doesn't support your hypothesis either way..,
Small numbers has to take into account volume sold at each number obviously so picking the very highest trade doesn't represent truth.
Truth is longs made a ton of money by taking the position opposite to what you have been stating. Your position has been incorrect since .06 and the history of the company has beared out the predictions of long term investors which it would seem pretty much everyone here is.
Listen to the CC coming up tomorrow. Gonna be lots of fun
When it comes to the real world of investing and trading I like both. So it actually matters where one bought and sold. Clearly, in the example the percentage of return from .068 to the current price per share is higher than the percentage it has dropped from .97. The increase actually wins out here not the declines.
I'm going to assume at least $2.10/share. So with the current OS, that puts us around $1.1 billion.
Hmmmmm lets do the math
.63 decline vs .272 gain. The declines have it.
Quote:
the decrease less than 3 fold.
For now
Quote:
The PPS has done nothing put outpace the increased float.
That is why the PPS is tanking now; reality has set in. Elite is a company with zero profit and now hundreds of millions of shares in the float and the float is growing daily. Elite is just your typical penny stock and investors can see it now.
No I am not mistaken. The PPS since Nasrat has become CEO has increased 5 fold. The PPS has done quite well for the DD Longs here. The increase has been 5 fold the decrease less than 3 fold. Next
Glad YOU did not mind. Thanks
I think what was meant to be asked was how much has the float grown in the last three years vs how much higher has the PPS traveled in the GREEN. The PPS has done nothing put outpace the increased float. Company is already CFP off of operations and chewing into ART R&D costs. Only a matter of time. Next
Quote:
Consolidated revenues were $1.2 million for the quarter, an increase of approximately 61% over consolidated revenues for the comparable quarter of the prior year. The significant increase in revenues is due to the continued growth and expansion of Elite’s generic product lines. In addition, Elite monetized its minority ownership interest in Novel Laboratories this quarter, receiving $5 million and recognizing a related gain of $1.7 million.
