Elite Pharmaceuticals Inc (ELTP): Well, a year ago in May the pps was sitt...

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Re: Couch post# 243593

Wednesday, 02/22/2017 7:03:38 AM

Wednesday, February 22, 2017 7:03:38 AM

Well, a year ago in May the pps was sitting at 0.38 and as the year progressed it moved to 0.20, then to 0.15 and now we struggle to maintain 0.135. And yes, we are much closer to the year low than we have been for months. Lack of confidence in ability to execute mixed with dilution risk is a terrible combination. Once again, mgmt drives share price south from the conference call. At least there is consistency here.

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