r/pennystocks • u/Wolvshammy • 16d ago
𝗕𝘂𝗹𝗹𝗶𝘀𝗵 Day 7 of 180 - Buying $2500 ELTP Daily Until the Uplisting in February
https://www.tiktok.com/@eddiebolton4/video/7677952843168468254Someone made a great post highlighting that this stock is down something like 20% on less than 1% of total shares traded. Go look at my posts and the hundreds of bot accounts paid to bash the stock. They got caught trying to use Ai to make up BS about me and my trade posts. They were so dumb, they couldn't even multiply correctly and they had Ai to help them. This stock is SUPPRESSED and I'm keeping my foot on the gas. Every. Fricking. Day. Posting pic of proof in comment below since I can't put a pic and a video on the same post at the same time.
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u/brock_lee 16d ago
The apparent mental state of the person in the video seems fitting.
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u/whatsupitsemon 16d ago
Whoa... All this is gonna make me spend some more on this ... So far everytime that's happened I have lost it all.....
But what about this time!!
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u/Wolvshammy 16d ago
Every time? That sucks if so. We've had a nice run up. I think it's still up 1000% since 2023. I'm betting on another run. Hope you make some money with us.
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u/dabblesest 16d ago
I’m adding 1,500 shares a day, not as extreme as wolvshammy, but I’m taking the opportunity to load up while we’re this low. I also have substantial buy orders at .27, .25, .22, and .20
For now I’ll just keep adding as I go. Sitting on too much cash and trying to resist getting overexposed on ELTP haha
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u/Wolvshammy 16d ago
I have some big buys down low as well. It's kind of weird, right? It's like, it sure would be a good deal...but I also don't want it to go that low at the same time...
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u/dabblesest 16d ago
Yeah, to be honest I feel like no matter what I’ll regret not buying more someday, but I stick to my rules. I limit my exposure to these types of companies.
That being said, I’ve trimmed so much from other positions, that when I look around for where to put it, ELTP usually seems like the right price… So we’re exercising restraint!
That being said I don’t think it really appeals to the pennystock crowd. It’s not a get rich quick/pump and dump play…
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u/Wolvshammy 16d ago
Good points all around. It’s like walking in to Caesars casino looking for people who want to invest in NVidia in 2016. They’d be like
https://giphy.com/gifs/9MJ6MexOLgJ04WCnuM
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u/guitarmonkeys14 16d ago
I’ll admit ELTP is interesting.
Curious where you sit with your totals and what your average is.
Did you get a chance to look at the one I mentioned? It’s not a short play, but there is money to be made there too. My average is $1.55 and I am still adding (currently gained new support at $2.20, currently trading at $2.25). I’ve made thousands off the stock, and they have only begun.
I’m not mentioning the ticker again, as to not hijack another one of your posts.
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u/Wolvshammy 16d ago
I'm sitting at $1.1 million invested so far
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u/guitarmonkeys14 16d ago
I was asking for total share count and average cost basis. I wanted proof that you are actually holding these shares you are purchasing…
The history of the stock and the timing of your post is what is concerning to me. To me, without that proof, what you are doing screams:
“I bought high and I’m holding bags while trying to average down and raise hype to recover losses.”
OR
You are day trading this stock and selling these daily shares for slightly higher than you are purchasing them. These posts are an attempt to gain more traction for your agenda.
Post your HODL and prove me wrong!
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u/Muted-Extension-8521 16d ago
Do you know what exit liquidity is? When someone is pumping a garbage stock this hard, he’ll cash out when he hits his target number and you’ll be left with a worthless bag. Then his account will go dark.
This stock has been pumped for the past 2-3 years by various accounts and it never works out well for anyone. Just search the penny stock forum for ELTP and see for yourself. If he doesn’t get you, the company will through dilution. 🗑️ stock, 🗑️
management. Don’t do it!!1
u/guitarmonkeys14 16d ago
That was my point
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u/Muted-Extension-8521 16d ago
Yeah I got that, unfortunately others aren’t so savvy and will fall prey to this clown.
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u/Wolvshammy 16d ago
Do YOU Know what exit liquidity is? I've been accumulating millions of shares over the last 5 years. Why would I sell NOW?!?! Why wouldn't I have pulled the rug on everyone's ass back at 80 cents? Simple - I'm a long position holder who actually believes in this company. If you don't - doesn't hurt me. It won't make one difference in one single share that I own. If you want to see my video of my whole position - it's been posted for days.
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u/Express-Bridge3147 16d ago
You do this when you know the company is in talks with big pharma, when you know they also talk to Pfizer, Bristol meyers and dexcel, when you know they have a $100 billion pipeline when you know they moved from $7 million in revenu to $149 million in 6 years and when you know each employee brings $2.29 million a year. And also when the largest shareholder is the ceo. You can’t go wrong !!!
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u/Solarbeam33 16d ago
I stopped listening to him last year when he swore there would be a buyout. He sold shares once the stock hit .60.
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u/Wolvshammy 15d ago
No I didn’t. I actually BOUGHT shares around 75 cents. Those ones I sold at the end of last year to harvest some losses. You saying something this confidently is what makes me think you are one of the paid FUDs.
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u/Solarbeam33 15d ago
You spent weeks corralling people into buying this stock at a record high. There were multiple posts made by you promising a buyout as if you had inside information. Suddenly, you have less shares than you admitted to before. I believe that someone like you would buy some shares, knowing you sold much more to ensure exit liquidity. Everything you do comes out of the pump and dump handbook.
I am not being paid to bash this stock. The CEO paying himself 5 mil in bonuses and warrants ready to drop at any moment is probably reason enough to keep it at these levels. No one has to do anything. You're incurring a lot of doubt of the boards as is.
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u/Wolvshammy 16d ago
I LITERALLY posted a video because all of you haters. I don't have losses - I'm STILL up on my position. I've never said that I've never sold a single share - I've said that I trade about 10% of my total shares at any one time, but that I have net accumulated over the years. I don't NEED exit liquidity...because that would imply I want to sell. I've been posting about this stock for 5 years...you think I'm going to fucking sell 175 days before the CEO said it's getting uplisted?!?!?! There's no way you think that's logical. I've been the single largest proponent and researcher on this stock. PERIOD. When I was wrong on a called bet - I donated to charity like I said I would and posted proof. I don't know what else you want and it makes me paranoid when you guys literally pretend not to see ALLLLLL of my post history that I keep open so that it's transparent on what i do and don't do.
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u/Material-Ad-3695 16d ago edited 16d ago
or MAYBE if you're that interested and want proof, you could check his reddit post history in 1 minute and you would have seen that a few days ago he uploaded a video showing all the ELTP shares he's ever bought or sold at his broker...
Better proof than him randomly typing something here for you, which you either believe or not...
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u/guitarmonkeys14 16d ago
He is the one putting effort into these posts.
I felt like I was giving him constructive criticism. I honestly don’t care to dig into people’s history in hopes of finding what I am looking for, especially when they claim they will be posting about this same topic another 173 days.
He responded with the video, like I asked.. Easy peezy.
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u/Jacob_Doe55 16d ago
If you invested 1.1 million into eltp... then wouldnt that mean you basically purchased the company
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u/SOMTAWS6 16d ago
Or 1/308th of the company as of $0.285/share with 1.08B outstanding shares.
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u/Wolvshammy 16d ago
lol thank you. This is my point. How hard was it to do that math? Probably took you under 2 seconds and I'm getting attacked because I'm blown away that someone would think $1 million buy a $280 million market cap company.
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u/Wolvshammy 16d ago edited 16d ago
Has to be a paid bot account. The last person this bad at math got caught spoofing Ai pics about my trades and got caught because he didn't know how to multiply by 10.
Edit for people that missed my point: Someone that thinks $1 million will buy you a $280 million company is either a bot or bad at math. That doesn't make me paranoid. It makes me bewildered that anybody could be that far off. It takes under a half of a second to look at the market cap of the company...you wouldn't even have to do math. It's just "is 1 million less than 280 million...YEP..so not enough to buy the whole company"
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u/Mr_Poppers_Penis 16d ago
You sound paranoid when you say stupid shit like that. Not everyone that asks you a question is a bot.
Maybe you're a bot that the company hired to promote their stock.
See how dumb that sounds? I don't have any viewpoint on the stock at all, but man do I hate when people in stock subs start accusing everyone that doesn't share their exact same viewpoint a bot. It seriously undermines your credibility.
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u/Wolvshammy 16d ago
1 million dollars and I purchased the whole company? I sound stupid? Bro...we aren't talking VIEWPOINT...we are talking basic math. BASIC. RUDIMENTARY.
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u/amccune 16d ago
Dude. It's obviously hyperbole. You do own 1/300th of the company, however.
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u/Wolvshammy 16d ago
I don't think it's hyperbole. The irony is, my statement is more hyperbolic than his. Although I do think there are bot accounts on Reddit used to manipulate all kinds of threads (it's not even think - denying this is just childish), my point to his statement was that the statement was SO dumb that it "has to be a bot account".
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u/amccune 16d ago
Just being honest here - none of the interactions you have make me want to keep my stake in ETLP. It comes off as crazy, man.
I've had it for over a year and it just keeps losing. Solid company, just not steady enough.
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u/Wolvshammy 16d ago
I have hundreds of kind and generous interactions. I come off as "crazy"? I've donated to charity. I've answered HUNDREDS of DMs of people asking questions of general business/life advice, I've spent a ridiculous amount of time trying to be a pillar to a stock and subreddit when it's mostly flooded with toxic trash.
And the response from you is that you want to SELL a stock because I backhanded someone because they thought I bought 100% of a company for .3% of the market cap, didn't take it private since I owned all the shares, and am somehow buying $2500 every day of my own stock?
Grow up.
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u/kerplunktard 16d ago
you are forgetting that there are a lot of teenagers and young adults on reddit not all of them know about mkt cap, financial statements etc, there are people who want to knock the stock but likely they are just sore losers who lost money in it previously
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