Elite Pharmaceuticals Inc (ELTP): R&D companies are valued at their future...

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Elite Pharmaceuticals Inc (ELTP)

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Re: John_Langston post# 141729

Wednesday, 01/21/2015 6:20:34 PM

Wednesday, January 21, 2015 6:20:34 PM

R&D companies are valued at their future potential or there would never be such thing as an R&D company....

At a 20 p/e ratio elite needs what.... 6m in earnings? You dont think they would get multiple x of that just on the generics...

So if you are just evaluating elite on the currently launched drugs, you would have a point but what you are actually showing is just how undervalued Elite is...

Products are going to triple and these revenues will increase exponentially....and none of that really matters since it is all about the R&D ADT program.

Now is the stock heavily manipulated every day, 24/7 in order to hold the price down? obviously lol

" A cynic is a man who knows the price of everything and the value of nothing". - Oscar Wilde

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