This has been one hell of a week for those wacky ELTP message boarders. Constant bickering. Pumping, sucking, spitting, bashing, screaming, milking, and doubting hopefuls with weak hands giving shares away to preserve a narrowing margin after last month's nice run-up. Here's some DD -- FREE!
Report of Elite being 1 of 10 Pharma Companies as a leading company of chronic pain management
http://finance.yahoo.com/news/Reportlink...
1. Shipped diet drug.
http://www.globenewswire.com/newsroom/ne...
2. Massive pipeline worth an estimated $6 billion market with EPIC.
http://www.globenewswire.com/newsroom/ne...
3. Settled lawsuit.
http://www.globenewswire.com/newsroom/ne...
4. Two additional FDA approved drugs next to Lodrane ready to be distributed.
5. Both oxycodone drugs currently in Phase 3 in a multi-billion dollar market (Moses take the wheel if this gets approved).
http://www.otcequity.com/?p=854
6. Reduced spending, cut labor costs, and actually were profitable last year.
http://www.globenewswire.com/newsroom/ne...
7. MASSIVE volume in comparison to past history's volume. Sign of things heating up (shares being held tightly by insiders for quite some time...hmm something seems fishy...expensively fishy).
A bump in the road may come when their two cold/allergy products get pulled from the shelves in 6 months.
http://www.globenewswire.com/newsroom/ne...
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