News Focus
News Focus
Followers 37
Posts 15179
Boards Moderated 0
Alias Born 08/29/2012

Re: IB_ post# 342514

Friday, 08/21/2020 3:30:34 PM

Friday, August 21, 2020 3:30:34 PM

Post# of 445461
Yep.

And guess what, he already planted the seed that even if you make just one penny on your investment after being here a DECADE you should be happy.

Remember in the CC just 4 days ago he went through all those generic companies whose stock dropped over 90% while some went completely bankrupt.

He said, SEE, Elite isn't THAT bad, in order to justify his complete and utter DISASTER as a the CEO of Elite.

So now the seed has been planted in our minds!!!

Nasrat in the buyout conference call: "We have sold Elite for 10 cents. As I stated before, more than a dozen similar companies either went bankrupt or their stock dropped over 90%. You guys should be happy with 10 cents given the performance of the generic industry overall. We did better than most."

When/If Nasrat sells the company, the share price will likely not be mentioned .............. It will be something like the company is being sold for $120 million as an example.





"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

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ELTP News