Ok, i'm in a new stock....

[The Lovedoc]

TIV, my other pic is tanking big time... Thank god i pulled out at .54...It's now down to .27.

I am now in ELTP which is a pharma company.. Many drugs in the pipeline and 3 of them are in phase 3. I dont know why, but i'm taking a shot with 50,000 shares at .07... Now, that i invensted in it, i bet you it goes down to .007..

[savage1]

TIV, my other pic is tanking big time... Thank god i pulled out at .54...It's now down to .27.

I am now in ELTP which is a pharma company.. Many drugs in the pipeline and 3 of them are in phase 3. I dont know why, but i'm taking a shot with 50,000 shares at .07... Now, that i invensted in it, i bet you it goes down to .007..

I have been following this stock for a while and I am glad I didn't invest when it was in the .20's not too lomn ago-there was a lot of pumping then and now that it would be going to $1.00 or even higher.
That said, I think the downside risk is pretty low here, and I might jump in for a while.
ps Are you still holding actc? Don't give up on it if you are as I think it has a very good chance of appreciating significantly from this level.

[BettorsChat]

TIV, my other pic is tanking big time... Thank god i pulled out at .54...It's now down to .27.

I am now in ELTP which is a pharma company.. Many drugs in the pipeline and 3 of them are in phase 3. I dont know why, but i'm taking a shot with 50,000 shares at .07... Now, that i invensted in it, i bet you it goes down to .007..

Stage 3 is still a long ways from getting approval. I believe it's stages 0 through 5 or 6.

[The Lovedoc]

ACTC is having a good day... With the CC tomorrow, it could have legs!

[moondog22]

ACTC is having a good day... With the CC tomorrow, it could have legs!

I have this too,been waiting for big news to leak on early results.

[The Lovedoc]

Unfortunately, i'm not in ACTC and regretfully, i think i'm gonna lose out on a pretty penny..

P.S. ELTP had a nice surge at the end of day... Closed at .09!

[jmarty6969]

maybe u can get a pretty betty lol

[savage1]

ACTC is having a good day... With the CC tomorrow, it could have legs!

AS usual it was a case of buy on the rumor and sell on the news helped by the tricks of the market makers.
That said, it sure as heck is not to late to get into this stock if you believe in their technology and how they will do long term.

[jcindaville]

[10DimeBry]

what's a stock?

shocking!!!!

[kbsooner21]

shocking!!!!

Lmao! Swear I almost made the exact same post

[The Lovedoc]

YEEEEEEEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSSSSSS!!!!




Elite Pharmaceuticals and ECR Pharmaceuticals Launch Lodrane D® Allergy Product
Northvale, New Jersey, September 27, 2011: Elite Pharmaceutical, Inc.'s ("Elite" or the "Company") (OTCBB: ELTP) and ECR Pharmaceuticals ("ECR") a wholly owned subsidiary of Hi-Tech Pharmacal (Hi-Tech) announced today the launch of Lodrane D®. Lodrane D® is an immediate release formulation of brompheniramine maleate and pseudoephedrine HCl, an effective, low-sedating antihistamine combined with a decongestant.

Lodrane D® will be promoted and distributed in the US by ECR, Hi-Tech's branded division. The product will be available over-the-counter but will also have physician promotion. Lodrane D is one of the only adult brompheniramine containing products available to the consumer.

Elite will manufacture the product for ECR and will receive revenues for the manufacturing, packaging, and laboratory stability study services for this product, as well as royalties on sales. The current U.S. allergy market exceeds $3.5 billion.

"ECR and Elite have continued to work diligently to provide a Lodrane product to US consumers. With this launch, we have accomplished this and look forward, in conjunction with our partner ECR, to rebuilding this important allergy-relief franchise.," said Jerry Treppel, Chairman and CEO at Elite. "We also look to continue to build and leverage Elite's technologies through our product pipeline, partnerships and ventures as we continue to systematically meet the milestones we have set for ourselves."

[The Lovedoc]

Savage, i hope you got in this! Another great day for ELTP.. If we close above .12 today, i think we will see 14-16 tommorrow

[kbsooner21]

Wow! You'll be buying yachts before you know it with prices like that!!!

[savage1]

Savage, i hope you got in this! Another great day for ELTP.. If we close above .12 today, i think we will see 14-16 tommorrow

Congrats. on your nice hit.
I have a small position in this stock but a much larger postion in actc-I may consider buying more of eltp and am going to keep an eye on it,
I forgot to mention it probably because it moved so fast but the stock which I have really made a lot of money on in the last few weeks especially is shrk(Shamrock Resoures)-in the last few months it has gone from around .06 to close at .52 today.
It is a very thinly traded stock and that is reason for accentuated moves.
What is really interesting here is that I can't find any news to account for the rise-I called the company today and the phone just rang and rang with no answer.
When I bought it, they were testing a cure for malaria and were into herbal cures and medicine-before the name change company was called ArtePharm Global-don't know if they are still into what is cited above-it sounds like they may be into precious metals.
For obvious reasons I have been taking profits of late(sold about 10%of holdings.
RE:Actc, the news is great but too much dilution for it to move a lot in the absence of really mind blowing news.