Elite Pharmaceuticals Inc (ELTP): The tyranny of wrong numbers is it not?...

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Re: namtae post# 197738

Sunday, 05/01/2016 9:44:52 PM

Sunday, May 01, 2016 9:44:52 PM

The tyranny of wrong numbers is it not? Why yes it is! So, tell us about Elite in the past year? How does it compare to the big boy Nasdaq Biotech Index? Let me see...big boy biotech index down 38% the past year...and Elite? Why its up 50%. And to be clear, that is the past year; and if I am not mistaken, is the current movement of a share price the most telling? Do investors not place bets on what is happening now, not in the rear view mirror? Would the most serious of investors not laugh at the prospect of suggesting such a thing? Why, yes they would. How many companies are down from all time highs? So many that the measure is irrelevant.

So, tell me again about a comparison to "general markets"...is that like general nonsense? Why, yes it is!

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