Elite Pharmaceuticals Inc (ELTP): Depending on the circumstances, it could...

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Elite Pharmaceuticals Inc (ELTP)

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Re: NASDAQ2020 post# 170605

Thursday, 11/05/2015 7:32:17 PM

Thursday, November 05, 2015 7:32:17 PM

Depending on the circumstances, it could be a good thing or bad thing for companies not generating positive cash flows. In Elite's previous financial reporting, an increase in revenues and a net income growth are signs in which the company is headed towards self-sufficiency. It sure reinforces my belief that the fear of a RS is a welcoming strategy of Elite continues to make more record breaking revenues.

Cheers!

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