Elite Pharmaceuticals Inc (ELTP): In May I sold half my shares. Took a los...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jbdiver post# 275473

Sunday, 10/29/2017 6:09:33 PM

Sunday, October 29, 2017 6:09:33 PM

In May I sold half my shares. Took a loss on the other half and am no longer here myself. I just know the potential pharma. has to rise. This would be wonderful. Frankly, if I see any positive news here I will jump back in. The sector is that busy over media.

Trouble is, this company has been through the mud twice on SequestOx with the FDA. Everyone was screaming gold at the end of the rainbow before the first one. I like the generics generating revenue. Still, tough industry. What Elite has going for them is they aren't the first to fail. You never want to be first in pharma. doing anything. So the probability is optimistic here for me. Just not fundamentally holding intrinsic value.

Which is the freaken problem.

An investment in knowledge pays the best interest. - Benjamin Franklin

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Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
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