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???
If there were no pending P3 approvals; or no consistent positive cash flow; no indication of major expansion; if mgmt had ever indicated might rs sooner rather than later, it would concern me. Nasrat has said not before 2016 and only in the event the SP is significantly higher. Once one or two ADT's are launched, which should happen w/i two years and cash flow is supportive w/o RS the need for rs is highly likely unnecessary since there is no indication lack of funds would create a crisis. Otherwise, I think the otc is more nuisance than major interruption with ELTP. ELTP has already shown its ability to spike and I am expecting another move greater than .97 in the not too distant future as a result of the gathering SP tension and chart indicators
and the heroic progress the company has made in the last year.
GH: I got into ACAT, too just after rfw last year but got out about a week later when the RS was announced. I posted warnings on the IHUB board to longs to beware as that RS (100-1) was totally outrageous from such a low SP! Wotton has no business sense is what I see as the problem; he's out of his element....He's no Nasrat, for sure!!!!!!!!
on_a_rampage: It's been a couple of days since he sold out, went all in on T and left with his 'final message' (second FM March 4) and he's here again March 7); AND OCAT has dropped a little over $1 since Monday!
'the stock is controlled by the company'...That's ridiculous. It's consolidation which is common before a sharp move, one way or another.
' something is in the works'.....Agree. What you may not see is the short term symmetrical triangle, which is also an indicator of a sharp move ahead.
rf: You have shown you don't even have a concept of 'final' (as in 'final message'), how could any rational mind take anything you have to say seriously. (Are you posting from a locked ward? It would make more sense than your incomprehensible drivel.)
'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.'
'Long term' is only one point that you are missing; another is 'patience'. But you ARE long on 'seeking attention'.
Question: Do I listen to you ('L') or do I listen to Peter Lynch (W)?
Lynch's #1 and #2 Principles:
' 1. In stocks as in romance, ease of divorce is not a sound basis for commitment.
2. The key to making money in stocks is not to get scared out of them.'
You have NOTHING constructive to add to the discussion, regardless of the fact that you think that you do.
Before you start calling someone a DA, DA; get your facts straight: ELTP has a commercialized line of products bringing in a solid income for the company (unlike 99% of penny bios. I am aware shares are being sold, as any idiot knows R&D is critical and lines of credit absolutely necessary at this stage. So 'Save your breath to cool your porridge.'
rfw: Even you must question whether you have the stomach for investing in high risk stocks. I remember when you first arrived, all pomp and circumstance directing all investors as to what was coming and when and how to do it; then you got discouraged and began berating Nasrat and sold out and invested in ACAT; then got scared off there and came back here; now discouraged again and go full in with OCAT...which by the way is really selling at .074. The main item I look at is the 'financials' and ELTP has an impressive cash (There is no other in penny land that can compete!) flow while OCAT is still under great duress regarding their account. This kind of jumping in and out can only end in disaster. I surely hope not, but your actions are not those of a winner.