Elite Pharmaceuticals Inc (ELTP)

[Gman24]

Many here believe the share price will change drastically in the next week...I do not... Not without a huge announcement of a merger or buyout... I know volume proceeds price...That we are sure of... I just believe there will be an incredible amount of flipping and profit taking. So be very careful not to get caught up in the PPS movements up and then down...The volume I pay attention to.... is the massive volume of opposing views... when that starts to increase I’m assured good news is not far behind...The views only focus on the current PPS..and constant looking in the rear view mirror...

Elite has turned the corner... one of profitability with limited debt..

Is Elite the same the company a lot of us invested in several years back? Absolutely not...but we are also not the same company saddled in toxic debt without a constant stream of revenue. Has the transition been perfect? Again the answer is No..!...

I will continue to believe in Nasrat and the board of Directors who all have skin in the game.. Nasrat being the largest shareholder with 260 million shares. He has the most to lose or gain. I believe many of Elite’s employees have skin in the game also and Nasrat has always expressed extreme loyalty to his staff and employees.

This will end with a merger or buyout and then and only then will all shareholders reap the benefits for their patients.

Congrats to all.... If you build it.... they will come... it might not be in YOUR desired timeframe... but they will come..