Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

A couple of comments. To being with, typing in all capitals is the equivalent of shouting. Is that what you intend as a means to garner our attention? Well, you have mine and, interestingly, what I see raises some questions. Here is why...

The last say is not the FDA's. As it relates to commercial success, all they do is approve a product or not. Nonetheless, many products approved by the FDA can fail (think Vioxx) or struggle (think Embeda) for reasons unrelated to approval. This is why it is essential that Elite has the distribution capabilities that go beyond its current capacity.

Next, what standard stock valuation are you using to make that statement? The use of the term standard implies there is some consistent algorithm that is the basis for deciding how to value a firm. Valuation analysis is related to the knowledge of the person or people doing the analysis. Absent a link or an explanation that extends the current information conveyed, we can only interpret this as misinformation.