Elite Pharmaceuticals Inc (ELTP): This is increasingly unclear on how it r...

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Re: richme post# 183062

Tuesday, 02/09/2016 1:06:15 PM

Tuesday, February 09, 2016 1:06:15 PM

This is increasingly unclear on how it relates to Elite/s p/s. Is it dumping? Or is it tanking?

Here is what the former means...http://dictionary.reference.com/browse/dumps?s=t

Here is what the latter means...http://dictionary.reference.com/browse/tanking?s=t

We just need to know which and if it is somehow related to any degree of differences that may reflect some context for comparison.

Now, I ask because the Nasdaq, YTD, is down about 16% and that is considered in bear territory. In fact, the majority of firms listed there (according to today's news) are BELOW THEIR 200 DAY MOVING AVERAGE. CAN YOU BELIEVE IT? IT WAS A SURPRISE TO ME!

Help me again...YTD is Elite NOT up? Is it not above its 200 day moving average? NOW, WHAT ARE WE INVESTORS TO TAKE FROM THAT?

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