Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

I avoid predictions. Ergo, I do not predict when Elite will turn its ADF pipeline into commercial reality. Will that happen sooner than later? I do not know. But, I am not playing a penny game in a penny stock for pennies in profit. I am playing a dollars game with an undervalued OTC company and expect a fair dollars return in time. And, I never confused, conflated or mistook my investment in a business to be the same as the emotionally driven movement of a share price (anecdotally, it is like misunderstanding tactics for strategy). Remember, Elite is a company that could be instantly profitable by ceasing its R&D spending. And, need I remind anyone that Elite has the ability to pay its debts 2.3X (based on a current ratio analysis).

Perhaps my comfort with my investment in Elite is because I did my homework and I understand the dynamics of business at a strategic level. Born of education and experience, my understanding of business is better than most...IMHO