Elite Pharmaceuticals Inc (ELTP): Because it's not about market SIZE,...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jour_trader post# 355825

Friday, 05/14/2021 2:34:26 PM

Friday, May 14, 2021 2:34:26 PM

Because it's not about market SIZE, it's about market SHARE.

There's only ONE other competitor CURRENTLY that makes that drug. ONE.

AND it's on the drug shortage list.

Elite may ACTUALLY make more from Loxapine THIS YEAR than their Adderall XR product which has a market size of $1.5..........BILLION.

Think about THAT for a second...

$5M > $1.5 BILLION

Why would a $5M drug with other competitors move the stock?

MAKE ELITE GREAT AGAIN!

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