Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

For months the ask just keeps getting lower and lower. I don’t think this is market maker manipulation. I find that an excuse. I think this is simply larger holders selling our because they don’t buy into management’s ability to move the company forward in a decent timeframe. Lots of strategies have simply fallen apart and not come to fruition. CFP is a great start (not there yet after last Qtr results), but after 8 years not sure that’s reason to celebrate or cry.