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Elite Pharmaceuticals Inc ELTP
Posted On: 01/16/2013 10:05:34 AM
Post# of 2146
Posted By: mrwrn2010
Re: g2 #679

"I'm here to protect my investment." - is always what runs through my head with this stock.


Then the $500,000 of personal capital he put up..


Then the OTHER $500,000 in addition to that..


He seems genuine to me, although I'll admit I haven't traded for more than a few years and am not a 'day trader'.


Surely he understands the implications of a reverse split. He stands to gain so much from an appreciation in stock price compared to his measly salary. Who runs a company for ~30k?














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