Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Elite Pharmaceuticals Inc ELTP
Posted On: 11/28/2012 3:48:59 PM
Post# of 2146
Posted By: tangerine
Re: Couch #291

If the stock is bought at .10 and the pps is .085, the stock is clearly undervalued. All of this nonsense about a fear of dilution is bizarre. If the shares re sold at a higher price then the actual price, that means that Socius is willing to buy a crapload of shares and a higher price then current.



If Elite sold the full 50m shares which is not the plan, that would be adding 15% but at .10. We drop 15% for no reason on this stock. Its mostly manipulation and games. We ran to .12 last time, same deal and PPS was about the same as it is now. People talk about dilution but you have to look at the math.



If someone is willing to buy 50m shares at .10, you can be pretty sure the PPS is worth more then .10.















(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site