Elite Pharmaceuticals Inc (ELTP): YOU bought high on a momentum run-up fue...

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Elite Pharmaceuticals Inc (ELTP)

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Re: timduy post# 103981

Wednesday, 04/16/2014 5:53:26 PM

Wednesday, April 16, 2014 5:53:26 PM

YOU bought high on a momentum run-up fueled mostly by day/swing-traders and market makers. Not one person forced you to buy high. I bought in the twenties two years ago and was under water for almost two and and a half years. Did I blame anyone else for buying high? No. I sucked it up, continued my due diligence and held my shares.

The company has a REASON for not divulging the name of their assessors. And believe me, Lincoln Park Capital did a WAY more intense evaluation of Elite before they committed $40,000,000. Do you THINK?

The company has done nothing but BETTER itself since you bought in. And YOU are not going to have to wait two and a half years to get MORE than your money back.

Wait it out, or sell now for a loss.

It is well to remember that the entire universe, with one trifling exception, is composed of others. — John Andrew Holmes

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