Elite Pharmaceuticals Inc (ELTP): There are likely to be times when it wil...

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Re: snupoled post# 176425

Tuesday, 12/29/2015 5:30:43 AM

Tuesday, December 29, 2015 5:30:43 AM

There are likely to be times when it will be very tempting to sell
Elite in 2016.

I have about 30K shares in each account I can play with. Even so though.. one must be mindful of the time one must be out before
one buys back in... or have a very good other stock to dip into in the meantime. There is risk with every single move. Elite may be one of those stocks shot down in April but suddenly riding high in May.

Have had experience with chasing and not catching a mover before
so I am not that keen on risking any shares. Like in poker there is a little luck involved along with strategy.

Best time to sell the core of my holdings would be when Nasrat... Jerry... and other insiders sell their shares. I am thinking buyout at that time.

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