Elite Pharmaceuticals Inc (ELTP)

[Winechemist]

Just a Wild Guess

I am just guessing at this point so don't hold me to this but I wonder if Elite and Lannett are waiting until 4/22/2019 to announce the launch of both the ER and the IR of the product. The approval for the ER could come from the FDA on that day as the patent does expire on 4/21/2019. That would be a sweet turn of events and could catch several people off guard as it would be a Monday press release and anyone not in at the close this Friday would be chasing. Once again, just a wild guess but at this point it is fun to at least have hope and stay positive. Either way I agree with a lot on this board as this is the strongest Elite has looked in years, the share price will come with the increase in sales numbers.