Elite Pharmaceuticals Inc (ELTP)

[Dr Tee]

To the gentleman who disparages the opinion of doctors regarding investment advice, my reading of other posts would suggest quite the opposite. By the way, not all of us with Dr title are physicians. In my case, the title represents a PhD in mechanical engineering.
For those skeptics who think Elite is just another worthless penny stock, I can tell you with absolute certainty that you are wrong.
It is true that some of my comments were inspired by William O'Neil books and his IBD. But there are a number of other sources that make similar points and they do ring true with someone like me who has seen a $5K investment go to $100K and stood by waiting for the rally until a margin call left me with $3K when the dust settled. Only trying to be helpful to those whose interests go beyond Elite.
As far as Elite is concerned, I have done any stock trading for the past 15 years and did not intend to do any having done quite well with an employer sponsored mutual fund. However, a special situation arose that led me to purchase $100K worth of Elite. I would never make this investment, especially in a penny stock, without a compelling reason for doing so. For all of you who are long in Elite, keep the faith - you are close to being a co-holder of a winning lottery ticket.
Dr Tee