Elite Pharmaceuticals Inc (ELTP)

[namtae]

Agree!!

You're exactly right Namtae

Its one of the reasons shorting Elite has been and will remain easy money, from the 90s all the way down. Sequest doesnt have much of a chance to receive FDA approval and if by some stroke of good luck it did, it will take place much too late to compete for any market share as the competition is knocking at the door.

Unfortunately, that door will never open for Sequest until its too late, if ever.. This is reality.

With no signature product and a huge failure of Elites only potential branded drug, its left to the generics business to support a new drug development companys market cap...Uh oh!!

I respect your viewpoint and in a perfect world, it could prove the way to go. However, we all know the world we live in... adjust accordingly is my advice