Elite Pharmaceuticals Inc (ELTP): So which is it, approval priced in or no...

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Re: Sixman post# 197225

Thursday, 04/28/2016 3:09:02 PM

Thursday, April 28, 2016 3:09:02 PM

So which is it, approval priced in or not? Logic says that if it's priced in the market cap on 7/14 would be the same as it is today. Let me know where my math is wrong...

"Said another way, I anticipate ELTP's market cap to increase to somewhere between $300MM and $400MM upon the announcement of ELI200 approval."

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