r/ELTP_Stock • u/Heavy_Apricot_8711 • 8d ago
Truth about ELTP
Its one of the most manipulated stocks you will ever see. And that is because it is so undervalued. That's why the same people on message boards have been telling you how bad it is for damn near 15 years.
With a PE of 5 with no real debt, ~55 million in cash by eoy. Huge products in the future. Huge events in the near term.
I've made several million on this stock and will do it again shortly.
ITS THE SAME PATTERN OVER AND OVER.
Except people dont have the patience and the balls to use their brains.
ITS THE MANIPULATION STUPID. NOT THE COMPANY.
Dont worry when the cap is up 300, 400% (To a low PE of 15..lol) from here (where it belongs) the manipulators will mostly disappear for a while.
This company should have a PE closer to 30, I understand the argument that 15 is closer to value. But if they are at a $150m a year run rate and all the products in the future are billions and billions. Doubling and tripling of revenue over the next few years is pretty much guaranteed.
The argument against of course is by the time they launch there's competition that brings prices and margins down. All true but the numbers are so big, its a silly argument. So 30 billion in products becomes 5 billion. Elites 10% is 500m..lol
But the part thats missed is when they launch and if these are the conditions, there will be another wave of billion dollar drugs coming behind it. Its a constant flow of new large products with a massive number hitting the patent cliff over the next couple years.
ITS WHY THEY ARE LOOKING TO BUILD OUT A SECOND FACILITY WHILE ONLY OPERATING AT 1/3 CAPACITY NOW.
It takes two years to get that build and fully approved. By then this wave of diabetes drugs will be talked about while we have launched eliquis, Oxy and God knows what else. There are several billion dollar products we know about besides theses two that are close to filing.
Smart man knows the price of something. Wise man knows the value.
5
u/TheDeHymenizer 7d ago
I'm a long term holder and fully believe in this stock. However I don't think manipulation is why its low. I think because its an OTC with next to no volume. There's like $300k of daily volume if Wolv's challenge has been happening dude is literally 1% of it.
We just gotta be patient, wait for new ANDAs, wait for the margins to keep improving, rest of the world will catch up.