Are you an $ELTP investor wondering what is really happening behind the scenes? The PPS has been flirting with a regression to the teens (currently .21/share) highlighted by some positive news (shipments, improving financials, progress within pipeline, potential ) offset by FDA fears, the shaky market and misinformation. It does seem as if everyone has a theory and one below comes from one of my favorite Ihub posters on the $ELTP boards, Tangerine. As per usual, he challenges readers to not be naive to what could be without sounding like a total kook.
tangerine
Wednesday, 01/21/15 06:56:55 PM Re: None Post # of 141809 Here is a thought and maybe the most accurate speculation you will hear today. What if the same non retail MMs that ran the stock up to .97 have shorted it down over the past year and have continued this misinformation campaign (Hotstocked..etc.) over the past year to cover their shares until they can run it up again. Note the continued forcing of the stock down... Often over the past few months, the same non retail MM on the ask when there is no one even close at times....hmmmm
sitten-bull
Wednesday, 01/21/15 06:59:22 PM Re: tangerine post# 141751 Post # of 141809 The point is the pps even now is speculated and therefore it is subject instability. That being said those that invest at speculative times and stick it out have the potential to make the most. When we start seeing good consistent eps reports then we will see stability in the pps.
tangerine
Wednesday, 01/21/15 07:00:59 PM Re: sitten-bull post# 141757 Post # of 141809 LOL @ EPS ...another red herring argument. First it was dilution, then it was retail selling, then it was dilution, now it is EPS.... Meanwhile products pending launch, Q coming up shortly with CC, and partnership discussions ongoing as we know. I am done for tonight....I am sure the misinformation will be here tomorrow.
