Elite Pharmaceuticals Inc (ELTP)

[didibibbop]

So what. It is the stock market. I think many people on this board never expected this to hold on such a meteoric rise. If you have done your DD you should be 100% satisfied and confident in your purchase. If you feel that way, then a drop in the PPS will not bother you, because you KNOW what the future for this stock holds.

There really is not allot of strength below .36, if .36 does not hold, we fall back to .30 and start all over again. The beauty of that is, every time this happens, we will continue to make lower lows. And in a couple of months you will be complaining we went from .60 to .50. in a year you will be complaing that it went from $2 to 1.80.

There is a nice battle ground in the .36 area that is showing real strength / support. It was tested yesterday and tested this morning. I would like to see .36 hold only because it will be a big resistance point in the future.

It is looking more and more like .36-.37 is the new launch pad. Judging by todays performance, .36-.37 maybe the new buying opportunity. Anyways it been running all week, this baybe needs to breathe for the the weekend for next week.

.363 is the number to watch.