Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

In the past Nasrat said he would be hitting the market hard once he had evidence in his hands of ELTP's vaulable product. We have had ELI-200 results for quite some time with little benefit to the stock price. I am not sure if he is just waiting for FDA approval or what, but I think there needs to be a good balance of time allocation towards building pipeline & getting the word out. The more shares sold at these prices will only continue to deflate future price. Perhaps things will start to change once we get a PDUFA date. Some commentary at last CC also depicts similar feelings that there is disappointment in marketing the company & pipeline.