Elite Pharmaceuticals Inc (ELTP)

[cwarner]

Yesterday, the stock opened just above .32, having closed at .30 the day before. yesterday the stock did not go down to .30 to close the gap. The space between .30 and .32 is the gap--typically stocks move up and down without skipping certain price levels, in this case .31. Price levels are gapped when there is a major shift in market sentiment. Yesterday the price gap was because of the good FDA news. Oftentimes these gaps fill, i.e. the price will touch .30 again and "close the gap" before continuing upward. Sometimes though, when changed market sentiment is very strong, the gap doesn't fill and you are left with a runaway gap. If upward gaps don't fill they become very strong support.

Now that I have answered that, please answer this:

Why does ELTP have a better product than ADFs from other companies (which happen to be closer to FDA approval)?

http://247wallst.com/healthcare-business/2016/03/15/huge-opportunity-and-risks-in-5-top-abuse-deterrent-er-opioids/