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Thursday, January 21, 2016 12:56:37 PM
Today Elite the pharmaceutical company is in capable hands. Their generic portfolio is growing in both scope and revenue.
The opioid ADF is in the process of evaluation by the FDA.
Been hearing the same thing for three years? Not really. The FDA did not have the 505(b)2 for review. Elites revenues were not growing at triple digit rates quarter after quarter.
Its only lately that long term shareholders have begun to emphasize all of these key points.
I understand that there are those who must do what they have to do... that is the nature of the game.
Meanwhile I just sit and wait. Buy when/if I can... accumulate and hold for the long term. In this sector nothing happens overnight..... except buyouts and mergers. For product it is a waiting game.
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