Elite Pharmaceuticals Inc (ELTP): If they don't sell at .15 then they have...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Scared_Trader post# 240274

Tuesday, 01/24/2017 12:46:41 PM

Tuesday, January 24, 2017 12:46:41 PM

If they don't sell at .15 then they haven't lost, if they don't sell at $3.00 then they haven't made any money either. They have shares, these shares represent today's value ONLY. Being an insider they might feel like selling at .97 is a loss. They don't care about daily charts like us traders, they're looking for increasing value in the long run or maybe even a buyout. They can trade the shares like we do either. If they sell, they're probably leaving the company.

idleness is the only refugee of weak minds

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