Elite Pharmaceuticals Inc (ELTP): Puny increase in revenues that generated...

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Elite Pharmaceuticals Inc (ELTP)

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Re: no2koolaid post# 309660

Friday, 02/15/2019 9:01:01 AM

Friday, February 15, 2019 9:01:01 AM

Puny increase in revenues that generated more losses. Who cares?

Elite still trying to catch up to revenue numbers from years ago.

Regarding p/s not responding to news, well take a good look at the news. It's all small potatoes

Oh Elite got FDA approval for another generic. The total mkt size is $34m - snooze

Even throwing around larger market sizes doesnt equate to Elite capturing any of consequence... and they dont!

Its a joke and "real" business experts understand this. The reaction to the p/s is evidence. Real pro's would gobble up shares if they followed the logic of many longs. They dont!

Case Closed!!

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