ELTP

Broke-mfer

ELTP having a decent day

Narradisall

Alright. Now I’m seeing posts as well across a few subs. Who is pumping ELTP?

Wolvshammy

Which one? Soace X? It hasn’t even launched yet. SPCE? Yeah, it’s tanking hard today. ELTP? It had a massive filing yesterday and is all fundamentals.

banquet166

Dude wrote the post with AI, the whole part sound retarded slop, I was more of a fan of him when he was pumping ELTP with actual DD

ImperceptibleFerret

ELTP is one of my highest conviction stocks. I think many were burned with the share price run up during buyout speculation. But at these prices, it is an absolute steal. M&A isn't off the table either. To be honest I am hoping for reverse split in a position of strength with uplift to the NASDAQ.

Severe_Bed2207

I took my money out of ELTP and put it all in HPQFF. Talk about a sleeper play

Kokid3g1

Because you're a disinformation spreading troll 🤷‍♂️. And please don't deflect with some Gish Gallop reply - asking me to prove anything to you. Your assertion was that ELTP was bearish..., so prove it. Thanks 👍

MtGloomy0420

$SPCE did $227K in revenue. Thats NOT a healthy business. I did buy a small position in $ELTP last week tho ;)

MtGloomy0420

Yes $ELTP is how he made his money.

SevenHadedas

You’ve been hyping ELTP for literally years. Owner still hasn’t sold it. Not saying your hype is in bad faith, but money could be put in other places instead of just wallowing between 30 and 70 cents per share over 2+ years. Maybe it’s time to move on to a different play.

No-Value-270

ELTP is pennies atm and looks bearish

ihateduckface

Is ELTP how you made your money?

Illustrious_Wolf_227

All in on ELTP as well. I missed the boat on SPCE but will grab X

Potential_Unrealized

It doesn't. Also, the chart is missing approx. $200,000 in value (compared to post title) so...something is definitely *not* right about it. ELTP is duplicated. Perhaps one of those entries was supposed to be a "space" themed ETF instead.

Wolvshammy

😁 100% agreed on ELTP. One of the best things about your OG post is that it removes risk factors from an investment. The goal is never to remove all risk, because then you’ll end up in T bills for no reason, and, tbh, I don’t even know how safe those are looking these days. Some of the DMs I get about ELTP made me realize just how little people know about fundamentals. If they started with your post, and then just did a very basic look at a few, easy calcs to run they would be in a way better spot. If you don’t know just bare minimum things like PE and price to sales/ cap rate etc how can you even compare one investment to another?

CanadianAbroad7

I’ve been holding ELTP for quite some time now, waiting for the rest of market to catch on

Ancient_Plan2953

Haha, ...'unless you get off on watching a C-suite executing at elite levels' is a great line. But you're 100% right. ELTP is a rare breed on the OTC because they actually have the fundamental numbers to back up the story—surging revenues, positive net income, and massive efficiency per employee. It's a boring generic pharma play until you look at the growth rate. Great shoutout...

mozy429

ELTP - elite pharmaceutical. Has gone from roughly 7 million in yearly revenue, and about to report next month roughly 150 million for last fiscal year. Cash flow positive, balance sheet is very solid, very low debt, has an ANDA fir a $28 billion drug that is set to expire in 2028 (I realize that’s far off, but that’s a huge market). Price is at 12 month low on very low volume. Company has discussed M&A and because it has not yet materialized, stock has drifting. But the most important part is M&A is not needed. Company is growing and has net income. I’ll post my write up on their financials. This is a gem that gets no love. It will explode sooner or later.

Wolvshammy

Look at ELTP. One of the only penny stocks you’ll ever see on OTC actually making a profit. Revs up 5,000%. Working on finding a buyer and if they don’t, they will uplist. It’s a boring af company unless you get off on watching a Csuite executing at elite levels. $2.2 million rev per employee is Mag 7 territory. They will NEVER be a trillion dollar company, but they have a clear path to 7x to 14x from current price levels.

No_Damage979

Oh gotcha. Got here in a really roundabout way. I just invest in my Roth in mutual funds with 90% but with 10% I buy other stuff and I've been reading about SLS and someone one that thread mentioned ELTP. I found all your posts and it's very interesting. I'm up past bedtime! Thanks :)

Wolvshammy

The amount of execution that the company has pulled off has been truly exceptional. There has been only a SINGLE worry I have ever had since they turned a profit. That was when Carter the CFO left. At the time, I said to myself, “Well, if anything is wrong in those books, I have to accept the possibility that could be the reason he stepped away.” When he came back, though, it was beyond the opposite. The only thing better than a CFO staying, is a CFO coming back. I’ve been a CFO in a company where some funny stuff was starting to happen. Not only did I get away from that - there is no amount of money I could have been offered to come back. Triple Crown at ELTP. Nasrat on execution, Kirkov on production, Carter on stability and security.

BlackberryIcy664

I think they are trying to say SpaceX has hype and media exposure so it will go up whereas ELTP is unknown and if it got media exposure it would go up?? I mean I guess if you own that many shares and a company doesn't have a lot to show for it, you gotta be their hypeman to get this thing moving.

LastUltimateY0l0

‘On the flip side ELTP has no exposure’ to what? The sector you were yapping about

No-Fuel-4077

This is very honorable Wolvshammy, you gained a ton of respect from me , if that means anything or not . You don't owe these naysayers anything but hopefully with the donations you've set up is a good sign and KARMA shines ELTP ! I also believe in your assessment of ELTP and we will be able to celebrate in the future all while holding and supporting the process . You're a good person and they AINT ' !

Beastious

ELTP is killing me!

flown_south

ELTP moving up after a long slog. Eliquis filing coming soon. Might be time to buy back in.

masonjy

ELTP…not heard that name in a while

NoSignificance2377

ELTP for trumps EO on domestic manufacturing And CMND for his EO on physcedeliics

NoSignificance2377

ELTP for trumps EO on domestic manufacturing And  CMND for his EO on physcedeliics 

NoSignificance2377

 CMND...Trump signing EO for psychedelics  ELTP... Trump EO for domestic manufacturing 

Dogton

These ELTP shillers are true jackasses. Dummies have been waiting for a catalyst forever

passionlessDrone

Pretty sure they're working on maximum strength, extended release Copium for all of the ELTP bagholders.

Wolvshammy

ELTP. Boring but record breaking revenues 5 years in a row. Had a small run but still massively undervalued. Should pop 400% to 1000% when they get bought out or they uplist.

Wolvshammy

OP, although I found a diamond in the rough and went all in on ELTP, I don’t really play around in the penny stock arena. That being said, this post above is the best response to emulate in my opinion if you decide to risk your money here. I agree with the research on the C Suite. Knowing WHO you are investing in is extremely important and often overlooked. I also agree with the Peter Lynch recommendation. Beat the Street was an influential book for me. Lastly, the other thing I look for is manipulation. If you are good enough at spotting patterns you’ll see them post on boards and which way they are tilting it. That was a big key for me. Finding the low IQ employees of the manipulators with huge egos. I made millions off of their stupidity and hubris. If you see them pushing one way, just make your move in the other direction.

-eShTuPiD

How many people are still holding ELTP?

Beastious

ELTP

Wolvshammy

ELTP

Forward-Problem4727

True Check out ELTP

flown_south

ELTP They make generic drugs. They make a number of drugs, but their most notable at the moment are generic Adderall, Vyvanse, and Eliquis. Their sales team is unreal - in the first year or so of Adderall production, they captured 16% of the market. Generic Vyvanse has been in production for about 2 quarters, and they're already got 8%-10% of the market captured. The Eliquis filing should be coming soon and represents a huge market as well. This is all in addition to several other drugs I haven't mentioned. It's also worth noting that they just stood up a new manufacturing facility in New Jersey last year. There's been talk of M/A in the last two earnings calls. The CEO is in his sixties and wants out. Conservative valuations are several times the current market cap. If they don't get bought out, most expect a reverse split and uploading to NASDAQ. Frankly, its all noise to me. The company's value is inherent and under appreciated at the moment. It was hyped up a few times last year and got pushed down as the gambler lost interest, but the company continues to grow stronger, and fast. They'e recently became profitable, they have an impressive portfolio of generic both in production and in the pipeline, and most importantly, the management and sales team are consistently kicking ass. I'm still buying.

adavis195

I promise I did not stalk your profile to see this 😂 I put ELTP in this thread as well

Wolvshammy

Space X and ELTP. Just did a DD on ELTP hitting $2million revenue per employee. Microcap company putting up numbers better than than Pfizer and Teva? Shit, they have better rev per employee than Amazon, and Netflix.

Soon-tobe-CPA

Maybe like 5x but ELTP. Exceptional revenue, no debt, looking to be acquired. Cons: penny stock, OTC traded. But really look into the fundamentals and how revenue has grown the last two years. It’s a money printer and could get bought out any day this year.

The-Jabroni-

I’m not sure ELTP will ever get over a dollar. It’s very frustrating when they consistently report decent earnings, and then the stock tanks anyway.

BiscottiMaster3455

$ELTP, they are making drugs in new jersey cleared by the FDA, do all the manufacturing themselves with priority technology for anti addiction , I haven't invested yet because I'm not sure if they are going to scale the business and there is customer push back but their numbers don't lie and company has a PE ratio around 10. OTCMKTS: ELTP

HumbleDad19

Being a bag holder sucks but people have been saying ELTP will pump or get bought out for over a decade. I had 600k shares at one point from 2005 to 2016. From about 2015 forward, retail continued to drive the assumptions that they would get opioid generic approvals or partnerships to attract buyers. Then it shifted to uplifting rumorsand $5-$10 buyout targets 😂 ELTP has been playing this game for over 20 years. Move on to something with real progress.

sickeye3

ELTP. Strong financials but still in penny territory. Multiple avenues for growth. It is a legitimate company.

Illustrious_Wolf_227

ELTP

Wolvshammy

It’s ELTP and it’s not even close. $2 million revenue per employee, 5 straight years of record breaking earnings, Oxy generic on the horizon, anti abuse technology, and the company hired an M&A firm 8 months ago. I’ve been calling this since about 3 cents. If you can’t see this one, you are actually blind.

DukeyCannon

Check out ELTP earnings are just insane lately

Likes_The_Scotch

Waiting for ELTP the swing back upward. It’s been floating around $.40 for too long now. Anywhere but up

dabblesest

With options, being early is the same as being wrong my dude, please just trust your instincts and stick to shares. Take it from me, I bought AMD and NVDA in 2014 and made so much that I have a six figure gambling account for options now. Idk if you can get it in WEBULL but I’d load up on an OTC stock called ELTP, crazy good financials and a possible buyout in the near future. But again it’s a set it and forget it play. Wising you well, shake it off and grind it back.

Eastern-Lie9960

Castellum (ctm) and Elite Pharmaceuticals (ELTP)

Wild-Dragonfruits

ELTP - never seen a penny stock which such strong balance sheet and high growth. One of those stocks people 5 years later wish they could’ve bought for cents.

ntosleo

ELTP Revenue fiscal year 2021: 25 millions Revenue fiscal year 2022: 32 millions Revenue fiscal year 2023: 56 millions Revenue fiscal year 2024: 84 millions Price per share: 0,30-0,40$ Revenue fiscal year 2025: 150 millions (projected, they reached 100 millions in December 2025 and the fiscal year end in March 2026) Current share price: 0,39$ Current debt: 3 million Major shareholder: Nasrat Hakim, CEO Working capital has also increased over the years and is now around 80 million. Revenues are nearly doubling every year. The company is looking for a buyer, and if you listen to the November 2025 conference call, the CEO said: "I gave my team until the end of the year to find a buyer, and it seems that it is possible." Also, look at the share price, it stayed the same even when the revenues nearly doubled, the company is clearly undervalued. In the last conference call, the CEO didn’t disclose anything particularly relevant—only that they are waiting to file the NDA for a $19 billion drug and that starting in Q1 and Q2 2026, they will begin selling Ropinirole and Methadone. The CEO does not want to do a reverse split to uplist to NASDAQ because he is the major shareholder and does not want a reverse split. He prefers to sell the company instead. So, as you can see, the company appears solid: growing revenues, low debt, and new drugs in the pipeline. This is not a pump and dump; it’s a solid company. That’s why I keep buying shares.

mozy429

ELTP (Elite Pharmaceutical) - financials from the past year are below, but they are also pursuing M&A and could get news at any point. Financial Breakdown February 2026 Earnings Summary 3rd Quarter FY 2026 (ending 12/31/25) Revenue: 31.6 million (increase of 17.2 million or 120% from the comparable quarter in the previous year) This does not include 6.2 million in finished goods that were not shipped due to the timing of holiday shipments. Including this amount would place the quarter at nearly 38 million. The CFO discussed this on the recent conference call). Adding this, would have put us around $38 million for the quarter, and roughly a $2 million increase from previous quarter. Matches CEO’s comments that margins stabilized. Even without this number included into the financials…here are the results of the quarter: Income from operations: 9 million (increase of 7.9 million or 721% year over year) Cash: 21 million Inventory: 25 million Accounts receivable: almost 49 million November 2025 Earnings Summary 2nd Quarter FY 2026 (ending 9/30/25) Revenue: 36.3 million (increase of 17.4 million or 92% from the comparable quarter in the previous year) The decrease of roughly 4 million from the prior quarter was due to one-time stocking fees required when using wholesale distribution. Leadership explained this as part of the natural progression of generic drugs, where margins are impacted during the shift from brand to generic and increased competition. Margins were stated to have stabilized. Using wholesale distribution also helps us increase volume. Income from operations: 8.2 million (increase of 4.7 million or 136%) Cash: 26 million Inventory: 18 million Accounts receivable: almost 41 million August 2025 Earnings Summary 1st Quarter FY 2026 (ending 6/30/25) Revenue: 40.2 million (increase of 21 million or 114%) Managements explained that when you hit generic market, initial margins are higher and that it will stabilize and to expect a slight dip for next quarter) Operating profits: 22 million (increase of 17.8 million or 462%) Cash: 22 million (up 11 million from previous quarter) Inventory: 19 million Accounts receivable: 36 million June 2025 Earnings Summary Fiscal Year 2025 – Full Year Results (4/1/24 – 3/31/25) Full-year revenue: 84 million (increase of 27.4 million from previous year, a 48% increase) Operating profits: 19.6 million (increase of 8.8 million or 81% from previous year) Cash: 11 million Inventory: 16 million Accounts receivable: 29 million February 2025 Earnings Summary 3rd Quarter FY 2025 (ending 12/31/24) Revenue: 14.4 million Operating profits: 1.1 million

FPolly92

$ELTP - generic pharma - ROCK SOLID fundamentals , low debt, blockbuster pipeline and USA facilities to avoid tariffs Downside includes moderately high outstanding shares and OTC market (for now).

mozy429

Take a look at ELTP. When FY ends (3/31), they will be near double revenue. Almost 3:1 asset to liabilities ratio. in talks to potential merge or be acquired. Next 3 months could be very interesting

Motampd

Maybe look into ELTP.... They are cash positive, little debt, increasing yoy by large margins.....and trade at a lower multiple than other pharma. The play at the moment is they are trying to get bought out (M&A)......but that hasn't happened up till this point yet. As a result, people that jumped in- in last year are starting to get impatient and move on. The company however in the mean time, continues to post fantastic numbers..... If they cant find a buyer through M&A, then the plan is to up list to NASDAQ. Up listing with the current numbers would result in quite a leap in share price in theory.....assuming Elite was valued the same way, and in similar multiples to industry peers. I personally think this will pay off quite well - although I cannot predict exactly when. It happens to be sitting at a fairly low point right now too (.38-.40) Just my 2c, dont think it make you rich overnight - but I do think its got really great numbers, especially for a OTC and will pay off in time.

Automatic-Bedroom926

Second ELTP

Beastious

ELTP

Echo_Delta_Mike

Honest question here, what is a fair price for ELTP right now?

Mountain-Attorney491

I really enjoy your perspective on this, well thought out and presented in an enjoyable read! I have been in ELTP for 15 years, with 7 figure share count as well. I think we close to payday.

Dogton

That was from 3 weeks ago when I sold ELTP until now, all while metals have been trading mostly sideways. Imagine having sold ELTP 6 months ago (it is now down 35% since then) and moving into, say, FCX (up 54%) or ANY other metals company. Hell most of my metal tickers are up over 200% on the 6months, 2 are up over 900%. It doesn’t have to be metals. What about space sector? ASTS, RKLB both are doing 70+% Again, the opportunity cost is just too high. Yes, money was made with ELTP if you got in early enough; but this is trading man. If you’re going to just sit park your money and pray do it in VOO or any other ETF (which have ALL dramatically outpaced ELTP) Your money is dying in ELTP and you are desperately trying to convince these folks it’s a gem. Beware folks. This isn’t a team sport.

dabblesest

I wouldn’t come to WSBs for advice… But since you did, I’d load up on ELTP and pray for a buyout in March. Pretty sure lotto options or a penny stock pump would be your only other chances.

ElmoLovesGrover

ELTP - one billion shares outstanding. Auggh.

setinmt

GPUS and ELTP. Let this be the 1 time ELTP runs after another fantastic earnings report.

flown_south

ELTP just reported a 200% increase in earning YOY. Even more interesting is the $400k in legal fees despite no pending litigation. Buyout is near.

Kind-Scallion-1195

if you like PSTV, then you'll LOVE ELTP. Buy today before earnings call tomorrow. Trust me bro. nfa

flown_south

Don't need the list this month. All my bio powder is in the ELTP chamber

Wolvshammy

Does 99.24% of portfolio count as all in? I have $2.6 million on ELTP. Earning report tomorrow. Earnings call Wednesday morning. Buyout will happen some time this year. CEO stated his goal was to have company sold prior to August.

checksout101520

How many conference calls does somebody need to “read between the lines” before a buyout happens. If you say the same thing every conference call you might be right someday but stop this nonsense with ELTP

ntosleo

Look at what the CEO of ELTP said in the last CC Not wolf, but the CEO

adavis195

You missed ELTP, buyout immenent

Interesting-Play-489

I hope OP responds to you as I’m curious as well. Though, as someone noted below on a similar comment, is that all you really have to say about this post? I’ve seen a lot of your DD on ELTP and I’d be curious to read your genuine take on SLS.

Wolvshammy

I'm gonna say this post is HIGHLY suspicious. You did 1000 hours of research on this stock? You a full time trader or do you have another job? If the former, you have time to trade stocks and do 6 months of 40 hours of research? If another job, you have 6 months of time at 40 hours a week to do this research? I find that incredibly hard to believe. What's harder to believe is that you ALSO did exactly 1000 hours of research on CNC stock 10 days ago? One full year of research on 2 stocks. And you only have 2 total posts on your account? Sus af. I have done more research on ELTP that anyone alive that I know (there are also a few other very talented investors who do great research as well and provide great info). I've researched ELTP since 2017 and didn't invest in is until 2021 and yeah I probably have 1000 hours of research....over a NINE year period. My account is also flooded with original DD posts on ELTP and response posts. I'm not saying whether this is a good stock or not, because I haven't researched it, but I'm already suspicious of the quality of the DD if I spot a likely lie like that in the first paragraph.

Yacoob83

I was a Lannett investor at the time, the one amusing thing to me is that Lannett had one drug (levothyroxine) that alone had more revenue than the entirety of ELTP ($245m vs $120m). Lannett losing the contract for distribution of levo was the end for them, none of the other drugs they had could cover their debts. Levo by itself was close to %40 of Lannett's revenues at the time. ELTP certainly have better financial control and as far as I'm aware they are not dependent on one product.

adavis195

Barring future catastrophic failure ELTP is in such a good position right now. You either get bought out within a year or they will start uplisting. Even if uplisting is the route it is such a strong company. It would probably take a hit based on sentiment alone but how could it not recover, it’s a damn money printing operation.

Wolvshammy

Huh? I don’t even get what the LARP comment is referencing? I’m larping about investments? You think I’m “trading” penny stocks and trying to get rich quick because you did a cursory glance at my account and didn’t realize I’ve been researching that stock for 8 years and realized it was an absolute gem of a find? ELTP isn’t just some penny stock. I’m up over 1200% because I saw a cash flowing OTC company that was massively undervalued. This wasn’t the insult you thought it was gonna be. Congrats on bragging about not being able to do your own analysis and find things that other people arrogantly brush over.

Silent-Donkey-1303

MOBX...defense communications for aviation like F35 used by US and allies. Drip in, too cheap imo. CTM...oldie and goodie...sideways..shame ELTP...sad to see this sideways 😞...actually makes a profit but no love...

Silent-Donkey-1303

MOBX...defense communications for aviation like F35 used by US and allies. CTM...oldie and goodie...sideways..shame ELTP...sad to see this sideways 😞...actually makes a profit but no love...

setinmt

ELTP baffles me. Great Financials. Always profitable. Just keeps dropping. Which is fine, I'll keep buying.

Silent-Donkey-1303

MOBX...defense communications for aviation like F35 used by US and allies. CTM...oldie and goodie...sideways..shame ELTP...sad to see this sideways 😞...actually makes a profit but no love... Becareful with BNAI....sill more room to fall.

NoSignificance2377

MOBX...defense communications CTM...oldie and goodie...sideways..shame ELTP...sad to see this sideways 😞...actually makes a profit but no love... Becareful with BNAI....it will fall back to earth.

NoSignificance2377

MOBX...defense communications CTM...oldie and goodie...sideways..shame ELTP...sad to see this sideways 😞...actually makes a profit but no love...

ntongh2o

I held ELTP from 0.25 to 0.50 and left cause it was doing nothing for a long time. Glad I put my money into other stocks which actually moved instead of staying in the same price range. The CEO has been talking about uplisting and a buyout for a while and nothing happened either. Maybe another year or maybe years away.

ntosleo

ELTP

LoRDRoast1991

Use fidelity or Schwab for OTC stock, I use it for ELTP

Mmn1206

As much as I am positive towards this stock and have been for a while (in parts also thanks to your continuous digging, Wolvshammy), I find that this post could use some slight nuances .. As thinly traded as ELTP is, any attempt from an Executive VP to sell 3.5 million shares would make the share price plummet. In addition, exercising a stock option with a strike price at 0.03USD ultimately just confirms that Doug believes that ELTP is worth more than that - 0.03USD. With that said, my anticipated buyout price is in the 0.9-1.3USD range.

tngasc

ELTP

NoSignificance2377

Two pennstocks that actually make money: CTM ELTP

NoSignificance2377

Oldie but Goodies CTM ELTP Both actually make money.

Silent-Donkey-1303

Two pennystocks that are actually profitable: CTM ELTP Non-penny that's still cheap: RYCEY...with Meta and other big tech getting in to nuclear to power their data centers...Rolls Royce Aerospace does SMRs.

NoSignificance2377

Oldie but Goodies CTM ELTP Both actually make money.

Beastious

$ELTP 🥱

flown_south

ELTP just started running on no news.... Buyout imminent?

Wolvshammy

I don’t look at graphs when looking for something that I’m hypothesizing could trigger in the future. Also, I don’t chart pennies, but maybe that strategy works. Just doesn’t seem like it would because charts and history seem more useful to a stable ship. ELTP seems like one of the safest pennies I’ve ever seen and the charts make no sense on that one.

Wolvshammy

The position I posted is based off of a new shiny product. Yes, it’s an old company that has missed on everything except one hit in the early 80s. I don’t think this is a great company (could be if they made a strong of good decisions spearheaded by good leadership), but that’s not what my thesis here is. I think San Fran is a cesspool, but at some point, if the price gets low enough, I’d consider buying if I saw potential for a blip. If this company hits an accidental triple with a single good design then I’ll take the quick gains on a 100% jump in revenue. It’s conditional logic and you are only attacking the company. If you want to attack the condition itself, that would be the more logical approach. The only otc stock I’m long on is ELTP. Let’s not act like this forum is where you usually go to look at strong fundamentals. I’ve only ever found one of those.

Wolvshammy

I wouldn't usually, but I'm holding ELTP until they get bought out.

ntosleo

What do you think of ELTP?

Wolvshammy

ELTP