Elite Pharmaceuticals Inc (ELTP)

[mts]

With the low volume earlier this week, manipulators learned that very few shares are being given up by us retail investors. Their efforts are returning very poor results in terms of getting retail investors to sell their shares. We have seen in a change in MM activity. Elite is now coming into its own after having successfully dealt with the FDA and now are just awaiting the FDA green light. MMs are just letting ELite go on its own now. This means we have reached the final stage of manipulation. Remember manipulators do not choose bad stocks to manipulate. First stage-run up the stock price quickly. Second stage-short the stock down for as long as you can. Third stage- let the stock go and sell out on a high note. Fourth stage- move to another stock. We are now in the beginning of the third stage. With FDA approvals slowly coming in we have a long upward movement ahead of us. Shorting for so long is just another way of accumulating shares. The manipulators have squeezed almost every share out they can practically get. It is now costing them more to get fewer shares. They made a lot of money shorting down now they are going to ride the wave up and sell out. Then goodbye Elite. I will miss them. Nas will sell out. CEOs who plan to sell the company in the long run simply collect shares. Nas has gained stock control now and he will get a nice sp for Elite. Nas simply increased the shares enough to get 51% control of ELITE and keep ELITE going until ELite gets through the FDA which Nas knows is a long process.