Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Prove it

Ha! "Prove it" is exactly what I have done. I proved it in multiple ways over many days, and I gave plenty of links and screen shots along the way. When I make a claim, I come ready to back it up. No twitty crap like DO YOUR OWN DD!! – not from me. No whining that You Can’t Prove A Negative. I took on an ihub legend, and I took it down. I slayed the beast by proving it doesn’t exist. Nobody shorts ELTP. I proved it! I proved it can’t be done from a U.S. account. I proved offshore brokerages require cash deposits in order to short a penny stock, usually $2.50/share. I proved offshore brokerages charge daily risk fees- 365 days per year- higher risk, higher fees. I proved repatriation of profits would result in additional taxes. I explained how regular buys and sells are reported as short sales on the daily FINRA reports seen on otcshortreport.com, and why it is not a reliable indicator of short sales. I explained how market makers use short sales to provide liquidity to markets, and how it is a part of their mandate and why it is good for retail investors. I explained how the bimonthly FINRA report is a much more accurate measure of market maker short sales, and how it shows a miniscule percentage of short sales which are at historic lows over multiple decades. I linked to the bimonthly SEC Failure To Deliver reports, and I explained how they show no evidence of any significant amount of naked shorting. Most importantly, in this case, the absence of evidence is the most convincing evidence of absence. I’ve been popping off about this for many months, and I’ve challenged the whole internet to post evidence of shorting ELTP. Not one person has said Yes, I short ELTP and here is an example of how I did it, and here is a screenshot and here are the results. Not one. (Unsubstantiated claims supported only by specious demands to DO YOUR OWN DD!! are immediately ignored and dismissed as usual ihub hot air.)




Nobody shorts ELTP. I proved it, over and over and over again.