Elite Pharmaceuticals Inc (ELTP): Not everyone believes in fundamentals......

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Re: elcaro1101 post# 211498

Thursday, 07/14/2016 1:14:33 AM

Thursday, July 14, 2016 1:14:33 AM

Not everyone believes in fundamentals...

And when it comes to penny stocks trading OTC, the number of skeptics climbs even higher. Ultimately stocks trade on supply and demand, and while fundamentals can drive demand (or selling if they're bad)....with penny stocks typically its news/hype/promo that is most successful in driving a stocks price up imo....

And fwiw I can see that happening here....good luck.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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