Elite Pharmaceuticals Inc (ELTP): That's why Nasrat doesn't want t...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Je3232 post# 341885

Monday, 08/17/2020 7:52:21 AM

Monday, August 17, 2020 7:52:21 AM

That's why Nasrat doesn't want to reveal how much he paid for half of the Adderalls.

It's pocket change.

It would reveal that our profit splits from the Adderalls are minimal at best.

True value would be revealed and Elite stock would tank.

It makes me think that the 50% value that he paid for Sungen couldn’t have been that much. He paid in cash - how much cash does he have on hand.

"Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well." - Warren Buffett

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