Elite Pharmaceuticals Inc (ELTP): Down almost .02 on 300k shares? Hardly a...

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Elite Pharmaceuticals Inc (ELTP)

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Monday, 02/08/2016 11:45:15 AM

Monday, February 08, 2016 11:45:15 AM

Down almost .02 on 300k shares? Hardly a rush to the exits. Brutal market...the biotech sector itself down about 25% since Jan 1.

Simply put, the low-visibility approach taken by the company coupled with up to 6 month potential time-frame for FDA approval, makes a lot of people hesitate to put their money in now...especially with the market tanking. Margin calls also causing some sell off on the small caps as well. The "real" money is simply holding for now. I'm moving some cash to jump on this when it starts bouncing back, as we still have room to fall. The timing on this quite important to max this chance, IMO.

GLTA. This may be a "last chance" coming. Sure will entail lots of whining and calls of .06. Gotta get all Zen as the portfolio drips with blood--

Maz

"Beware of missing chances; otherwise it may be altogether too late some day" -- Franz Liszt

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:50:54 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:15:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 08:05:25 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 09:30:05 PM
Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/31/2023 08:20:27 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 08:15:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 09:15:09 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 06/29/2023 08:43:45 PM

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