Elite Pharmaceuticals Inc (ELTP)

[rfwelsh]

when the powers-that-be decide we are going up, then, we are going up. End of story. Hopefully the fact that the ask got set at 32.9 is telling. We'll see what tomorrow brings.

Thursday, by the way, marks the exact timeframe it took for the results of Eli-201 to be released when compared to Eli-202.

Hydroxyzine has now been manufactured and on stability for at least a full month.

The Q1 10Q will be released two weeks today.

Even though we've been hammered the past month (a full third removed from the shareprice), this is not because of bad news; rather, it's because traders, manipulators, knew they had an extended window where no news would be released. Perhaps they will drive the price under 30 today and even further on Friday, but at some point, this window begins to close. At some point, the continuous selling makes no sense. For me, that price was hit long ago; for these traders/sellers/manipulators that number may not be here yet.

Human Trials and lab studies will be released in about 6 weeks. Keep that in mind. If successful (and I firmly believe they will be successful), Elite has a real good shot of being able to file without the need for further testing. If this happens, if Elite is able to file, do you think this stock sits at 30 cents?

If Elite files a second drug, do you think we sit at 30 cents?

If the FDA approves Eli-200 do you think we sit at 30 cents?

Again, think about that, fast forward one full year: the FDA has just approved Eli-200. What do you think the price is? 30 cents?