Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Wrong. He is actually losing money if he really is paying cash for a home. This is the same basic principle why businesses borrow vs paying cash. The financial return is much greater than the cost to borrow. What this signals in basic economics is that JT is personally thinking his return over the next few months is LESS THAN 4%. Mortgage rates aren't even that high.

Here we have people saying $3-$5?! If JT is such a good businessman please explain how this action defies all logic? In fact, it destroys all hope of a near term increase in PPS. You follow the money. Nasrat imvested a few years back, but that is old news. JT just sold a ton of shares on much more recent knowledge. Makes no sense whatsoever.