Elite Pharmaceuticals Inc (ELTP)

[Couch]

Same game since I started buying in the .06's. Has a single thing changed in terms of moving the PPS down since 2011 or spreading misinformation about the company? Answer- not a thing. The stock was and is highly undervalued- was known back in 2012 and it is known now and the removal of Elite's going concern from their SEC filings proves it. Look at the daily wash trading between retail on Level 2 with 2500 trades being the most common- walk the PPS down on low volume- pick up cheap shares- let the PPS rise 5-7% - confine to sell and wash trade shares after the rise- and buy back cheaper making small amounts of money until the inevitable happens- ART is launched and then non retail MM's will tell the small retails it's no longer their game to play.

It will happen- it happens with every successful stock that has technology that gives Big Pharma a run for their money. And Elite has technology better than Purdue and Pfizer and we all know it. The two bead modular tech proves it- but by the time the company proves it on the market- that's the time Elite will get bought out. But hey Elite doesn't even have to have better tech - which it does- it just has to get it to market.

But I've already answered this question a dozen times- and every time I do- flippers are looking for a run. We have a run in the making- just a matter of how long before that NDA filing???

Two other things nobody seems to ever answer-

1) who was doing all the buying on the run to .97 (25 million volume)?

2) nobody can tell me one single thing wrong with Elite's tech. And in the end, that will dwarf any efforts to squash the PPS.