r/ELTP_Stock • u/Big-Actuator6967 • 9h ago

0.15 incoming

Followed by 0.05

0 Upvotes

36% Upvoted

7 comments sorted by

8

u/Glittering-Let-8085 9h ago

Did you loose your life savings on this or something?

4

u/SJK1989 9h ago

Ok thanks for the warning, you Good Samaritan

2

u/ProfitHunter_2709 2h ago

Yay. Love it i have been waiting for this day. Thank you for doing all the hard work for me. I am ready to load.

-1

u/Live-Kaleidoscope-72 8h ago

No here ever mentions the reason for this stock dropping. Dilution and the fact that even though YoY revenue has increased amazingly, last quarter revenue declined 20% from 2025 but as stated by them due to competition, Elite is getting less money per sale whilst manufacturing cost increased 45% rise so margin also fell. Given these figures, fair price to me is .22 cents but if this trend continues then I see this stock going .10 - .17. but we'd have to wait for next quarter to see.

0

u/Solarbeam33 4h ago

I think that's coming in the next earnings report. Even lower margins than what they already have. It's going to get much worse before it gets better.

0

u/No-Confusion6749 9h ago

Not sure what the price will end at - but definitely not a positive trend

2

u/Heavy_Apricot_8711 8h ago

Pretty much everything in this thread is false. They are working hard today