Elan drug company (ELN)

[rawbeef006]

I will be buying about $50,000 worth of ELN on monday. I recommend it for you also. Who is with me?

[Riddicks]

WHY?

[rawbeef006]

new study results are expected to be positive. research it, let me know what you guys think. This could be big. If so, I want 10% of all your profits. Its the honor system, so be honest!

[rawbeef006]

hope someone took a look at this and bought with me. I bought in on Monday at 25.3 now its 28.4 and going up. why has nobody chimed in on this one? I feel like the fat kid nobody wants to play with.

[Riddicks]

Good call dude. It's just that people get skeptical when you announce something like, I am going to buy a ton of this company's shares, who's with me?

People turn away because there are some pumpers on here, sorry I doubted you. Good luck with this stock.

How far do you see it going?

[rawbeef006]

now its up to 30.

[rawbeef006]

I see this stock going up to $150. I ended up buying $70,000. Hope its a good call

[rawbeef006]

Okay, I really like this board, and I have gotten some nice tips here (lets not talk about Penn right now). I want to help you guys like you have helped me in the past, and will help me in the future.

ELN is now up to 34.5 and I bought mostly around 25 last week. I actually started buying a few shares at 18 a few months ago, and I bought a bit more at 27-28 during the last week. I kept adding to my position, eventually putting in about $100,000. With a 30-40% gain in one week, I did pretty good. But its just the beginning. And nobody here is talking about this stock. I forecast this is good for long term, target pps $150 in 18 months.

What makes this company special, is they have found an effective treatment for some people who have alzheimer's. There is currently no other such drug out there. The company has completed phase II testing, with significant results. The reason I didn't give any details before, its a very complicated analysis to make. Don't look at the charts, look at the product. Its probably revolutionary. One billion annual sales for any drug is blockbuster. this will be 20 bil. annual sales probably, IF the drug gets to market, which it should. (if it falls flat, I may need to borrow a few bucks just for some food. Ill pay you back).

Besides that ELN has other drugs on the market that are successful, and many more in the pipeline. Beware of misleading info on this company and their drug. The results of phase II testing were released just after I made my first post and just after I bought in big. Since then, the institutions have picked up on this news, and look at the surge in price since then. The news actually kind of downplayed the success--but large institutions get better information not generally available, and have expert scientists review the data...think about it. This is actually the big news in pharma right now, and its not getting a lot of public attention just yet. But it will. I expect another surge around August 1. This is all I can say on the matter. Live long and prosper my brothers.

Again, I want you all to send me 10% of your profits on this one, I trust you.

Beef out.

[wallstreetsedge]

i thought you said this post would have info on your technical analysis? i remember when i first looked at it when you posted this, there was no reason to buy the stock based on TA.

as for trying to convince people to send you 10%, im not trying to be mean but good luck there on your one hit wonder...would you have given people their money back if it didnt work out?

maybe RIMM beats earnings, i flipped a coin and it came out heads.. put down $1m and give me 10% if it works out.. lol

[rawbeef006]

Hey WSE, thanks for playing with me.

I'm not saying things get by you, but check this out:

ELN mentioned in Weekly Wizards as a technical buy

http://www.fxstreet.com/futures/market-review/weekly-wizards/2008-06-25.html


And as for the 10% donation request, maybe some people would have caught on that it was a joke.

Good luck with your Rimm, I wouldn't touch it with my 10 foot pole.

[rawbeef006]

hey, WSE, sorry if I seemed kind of cocky there, i do apologize. I looked at your blog and enjoyed it very much, you seem like a good guy.

I bought ELN at 25, its now at 35 within a couple of weeks, thats 40% gain, I was a little high from the excitement. I am wondering if you (WSE) or anyone else would look at the charts, and let me know what you all think. Should I take my profit and run? Or keep it?

That's what I was looking for initially. I don't want to give my analysis because that might influence your analysis. I wanted a fresh and unbiased perspective.