Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

Irrespective of what some may say, the evidence is to the contrary...not ALL gaps get filled completely. It seems like an effort to talk it down so people can grab cheaper shares. In fact, what happens if the FDA came out and surprised us all with an approval right now? Are you suggesting that, despite such notable news, the p/s would have to hit .2995 before it could go up? Or that, if it went up to a dollar on the news, as has been suggested, that it would have to go down to .2995 before it would be able to go up to its effective level? Seriously? That does not pass the smell test.