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  4. Elite Pharmaceuticals Inc (ELTP) Message Board

23 million dollar market cap Elite's 10% of Novel

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Post# of 2146
Posted On: 04/03/2013 12:41:50 PM
Posted By: tangerine
Re: Couch #1118

23 million dollar market cap


Elite's 10% of Novel is worth 10-30m


8 FDA approved drugs (200m market) - 3 due to launch - 40% increase in revenue streams


2 more pending approval - (one to watch is the one developed by Elite)


About to be profitable from operations


Patent about to be approved


Abuse resistant ANDA studies about to commence


Partnerships on 3 major products in various stages including HITKs 100m drug - in scale-up


Keep your eyes on what is real, not trying to figure out what cards the other players are holding. As a long term investor, this is what matters to me. 22 million dollar market cap? Seriously?


Then you have those who require the PPS to go up at some point which is the folks basically being paid in stock. They are not so much interested in 6 cents, 7 cents, they are looking much further down the line as am I. Maybe it is better if more folks get scared and sell.



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