Hakim acquired even more shares. Ithink someone said he owns 40% of the company! If so it ought to be proof enough for the naysayers that he is in this up to his teeth!
goathumper1: You are welcome. Do you catch my daily charts on I**B? This new site is their for you. Kayak_wench posted our first message on the board!!! Sharpei soooo happy. Remember this site it for all your investments and not limited to ELTP, although I 'heart' ELTP. :)
There were signals today that may not have been obvious to the casual observer: we had a spike (it almost sounds like an exaggeration) over recent highs to .205; we had a green finish up .005; slightly heavier volume 623,400; and what may be the most telling sign, we closed with an inverted hammer, understood as a signal of price reversal. macd, rsi with elongated horizontal pattern such as you might see before a break. Tuesday is June 09; it could be a critical day for news.
I've reached my limit on IH. I am not an investor in PXYN; however, IF I really wanted in this stock, the rsi is giving off a good signal, the gap is covered, MACD looks to be curling up as does ADX/DMI to a positive position. I don't give stock advice; this is what the technical indicators look like, but have not confirmed. Good luck.
You don't understand what small companies go through to become large; you don't understand how price appreciation works: OTC, sure but you've got to start somewhere (OCAT and AMBS are deep in the red financially and therefore not even reasonable comparisons) and you don't mention the huge spikes that many of these companies experience. March 2014 does not exist in your book, and it will happen again. Check out ino, isr, pvct...pbmd....I could go on; it happens every day but after many months or years of expectation first. I will continue to pump ELTP, because ELTP offers something to pump about!
Choke! I watched OCAT's 1/100 split; it spiked from about .065 to .1273 then all the way back down. Nasrat has said IF ELTP should do a split it won't be before 2016 and he expects the rs would have little effect on price, which I understand to mean we will be valued so much higher (estimates range from $1 - $2 which could put us in a position to not have to RS. If anyone can pull this off, Mr. Hakim can. I have no doubt about that.
To whom it may concern: Please contact me using sharpeiweb at the email sponsored by this site. I have one suggestion.
'Notice there have been no Seeking Alpha features lately. Too embarrassed and in hiding over the last bs article and its exaggeration of Elite's potential??!!!' ALLOWED TO POST ON IHUB!!!!
''Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies.'-Peter Lynch
What you fail to recognize is those that you find on this board have done their thorough investigations of the company and are intimately familiar with all aspects thereof. We know what we have bought and are therefore willing to wait until the FDA gives its approval, which based on knowledge of tests completed and the composition of the product, has an excellent chance of coming to fruition.
By the way, the price has not been dropping for the last six months, but has been in a consolidation phase before its next move so don't be playing God and telling those who know better that this stock is going to dump, because all known data points to the opposite outcome.' This post REMOVED BY IHUB ADMINISTRATION AS SPAM!!!!
Another heartfelt thank you to our military... all heroes and veterans. Brother, uncles, son and cousins all served...so proud of their service. God bless you all and pray our service men don't have to go back to Iraq, not looking good.
Jill: Do you think that extremely low volume (or very high volume) is a prelude to much higher prices? When no one is buying is the best? worst? time to buy???