Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

If you have ever noticed, I do not make such calls. Nor do I suggest anyone invests in a company. My purpose here is to provide a business perspective on a company I am invested in.

But in your scenario, it should increase and substantially. However, recognize this is not a normal company that one invests in (as would be the big companies not on the OTC). And, as we know, Elite's p/s has never responded in the normal ways. Just look at the recent good news - approved drugs, now the increased revenues that appear to have the portfolio in place to continue - yet, here we are at 8-9 cents. Still, that is not the value of the company, and certainly not how other companies view it. A buyout is still the more likely scenario and that is when the games stop and real investors cash in.

Meanwhile, we wait and patiently.