Elite Pharmaceuticals Inc (ELTP): Sell and Buy side are just one measure....

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Elite Pharmaceuticals Inc (ELTP)

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Investormax2009

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Investormax2009

Re: John_Langston post# 172651

Monday, 11/16/2015 10:02:27 PM

Monday, November 16, 2015 10:02:27 PM

Sell and Buy side are just one measure. There is also appetite and willingness of either side to pay more or get less. In todays' action the buyers were obviously more hungry to get shares - they paid more and the price went up. Its' not all as neat as it seems. Volume is too low for flippers. Any one who wants in will have to pay more in the days ahead and I think today's action proved that. Buyers are hungry IMHO. Max

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