Elite Pharmaceuticals Inc (ELTP): Ye, ELTP's value has changed since then....

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Elite Pharmaceuticals Inc (ELTP)

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Re: no2koolaid post# 198027

Tuesday, 05/03/2016 11:26:45 PM

Tuesday, May 03, 2016 11:26:45 PM

Ye, ELTP's value has changed since then. It's now worth $210mm.

Continuing to vigorously cite valuation assessments done in the past so little to bolster a bullish argument. If the past valuation effort had validity, then ELTP's value would have migrated towards that estimate rather than away from it. The valuation is meaningless. The poison pill is truly poison for today's shareholder.

A buyout of ELTP's enterprise is likely the only the pathway to substantial appreciation within the next 18 months.

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