Elite Pharmaceuticals Inc (ELTP)

[namtae]

Nonsense!!

Historically, when a companies top line begins to level off or turn down and the bottom line temporarily becomes more attractive - its a sign that management recognizes their market potentially shrinking and begins cutting costs.

Initially, this looks good to amateurs reviewing financials.

Sophisticated investors see the company circling the wagons in anticipation of darker days .

Soon, as revs continue to shrink and there are no more expenses to cut, the bottom line begins a sharp turn down

Is that whats happening to Elite?

Is that why so many feel Elite is in its best position ever yet the stock price keeps suggesting otherwise?