Elite Pharmaceuticals Inc (ELTP): Interpreting additional contract manufac...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jour_trader post# 349942

Thursday, 01/28/2021 9:03:08 AM

Thursday, January 28, 2021 9:03:08 AM

Interpreting additional contract manufacturing as an indication of lower sales in Adderall might not be the answer, though Elite shareholder "scar tissue" always causes one to look at the negative side. Still, it is possible that the current manufacturing environment - stressed by the pandemic and causing increased outsourcing - has opened up opportunities for Elite's unused manufacturing capacity.

But, we should find out the answer soon.

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