Elite Pharmaceuticals Inc (ELTP)

[Investormax2009]

Rich - The stock price is manipulated by the MM - period! As long as we stay on the OTC exchange that will be the way it goes. This is NOT a reflexion on the way the company has performed. The results over the last four years are outstanding. IMHO you are being unreasonable in your analysis of share price. As Nasrat says - as soon as the fundamentals are there the share price will take care of itself so that we can get on the Nasdaq. Until then - we are at the mercy of the MM. Example - I have a block of shares I am holding and I have some shares I will flip if price suggests. LII consistently shows MM not executing at the ask or bid, jumping over a limit price and then executing their own fills. Meanwhile, the individual investor sits and watches it getting jumped over. So I know it is a case of the MM manipulating! The share price will take care of itself eventually - but not until we get revenues from an approved ELI 200 or move to Nasdaq. Max