Monday, April 08, 2019 4:20:02 PM
After reading all the gaga over Isradipine, that Elite is one of only 2 companies manufacturing it, but dont expect the alleged good news STEADY-III results to impact the share price
Translated: Getting shareholders ready for disappointment
Some may want others to believe everyone in the investment & medical community are ignorant and unable or too lazy to research who may benefit from an Isradipine approval for PD. Utter nonsense!!
The reason for this is to divert attention from the real concern. That being, an Isradipine approval for PD with a meaningful demand for the drug will cause many larger, more seasoned competitors to enter into the market and push Elite into oblivion
So the effort to buy Elite more time (the story of its public life) to generate financial results is the ploy here.. Hopefully the next new Elite BS story will be ready to be told by then
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