Elite Pharmaceuticals Inc (ELTP)

[richme]

Lots of hype was a factor. Why we had some speculating it would go up to $1.00 by the end of the week and $2.00 by the end of the month. It was worth $2.10-$2.75 (top secret source) and somewhat higher by an unknown insider. That contributed to it. You did notice that Epic took the opportunity to dump a few shares at $.90 which also was a factor in ELTP tanking to $.37. Thanks for asking. And no, it is not the same taking 3 years to get to $.37, and tanking from $.97. In fact it appears that ELTP has found a permanent home at <$.37.