Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

There will always be better & better tech created. If SequestOx is approved one day, the question then becomes what does Elite develop next before something better comes along in a couple years? If nothing better is created the entire pipeline except for measly generics get wiped out. There is no R&D being spent here. On the flip side, perhaps Elite will be big enough in a few years to acquire tech from others, but that is simply a pipe dream as the tech is currently at best on hold.