Elite Pharmaceuticals Inc (ELTP)

[jgsnys]

People simply ask, "Why is the stock price so low?" and Nasrat's answer focuses upon numerous specific failed or failing companies in an under-performing pharmaceutical sector, some of which go BK due to a reliance upon predatory lenders. . . . That is a "can-do kind of guy" keeping his streak alive, i.e. he opens his mouth and the stock tanks in spite of what could be perceived as good news.. . .

Nasrat has enough shares that he will still do well even if the price stays where it is. That perhaps explains the ability to say such stupid things. He states he has "skin in the game", but in the not too distant future will he state how he didn't harbor illusions or entertain fantasies about getting to Nasdaq when his tenure with Elite is in the rear-view mirror?