Elite Pharmaceuticals Inc (ELTP): It appears the EXACT opposite is actuall...

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Elite Pharmaceuticals Inc (ELTP)

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Re: no2koolaid post# 356498

Wednesday, 05/26/2021 4:27:52 PM

Wednesday, May 26, 2021 4:27:52 PM

It appears the EXACT opposite is actually true.

Elite NOT profitable = 40 cents per share for over a year.

Elite profitable = 5 cents per share.

LOSING money = HIGH pps

MAKING money = LOW pps

Conclusion: EVERYTHING that people learned in business class is FALSE. Profit means NOTHING.

How is it that achieving profitability seems lost on shareholders? I ask because very few OTC companies are profitable. Moreover, less than forty percent of all publicly traded companies are profitable. So, Elite is operating in some rarified air.

MAKE ELITE GREAT AGAIN!

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Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
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