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Elite Pharmaceuticals Inc ELTP
Posted On: 11/16/2012 11:15:40 AM
Post# of 2146
Posted By: tangerine
Re: Couch #208

When the time comes again, it will run again. It is manipulation. I think a couple small Epic sub holders may have sold some, some other folks wanted out, and then the big dumping and bashing by people we already know. What do you think they are doing?


I even speculated that Elite sold a few shares to put a big PO together to resolve the API issue....which may turn out to be correct however the 10Q,  didn't show this and I believe they had a share count as of 11/8


I believe that when it is deemed that all the weak hands have been dropped, and a significant event occurs, the stock will get run. Some items will move it regardless. Sale of Novel of a significant price. $5m or more. Launch of Phentermine might do it too. Socius might do it. ART news will do it.


Naltrexone might do it. You never know



Some numbers, we are trading at about a 10 PE right now. Just based on the latest earnings. 10 is very low. This does not include, future drug launches and revenues, Novel or ART.



Also, who hired the contrarian?















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