Elite Pharmaceuticals Inc (ELTP): Not sure I agree. Elite isn’t close to...

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Elite Pharmaceuticals Inc (ELTP)

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Re: rocioyogi post# 360535

Wednesday, 08/18/2021 3:24:02 PM

Wednesday, August 18, 2021 3:24:02 PM

Not sure I agree. Elite isn’t close to maximizing usage of facility now. Even if they captured all - the $20M isn’t going to force new expansion and need more space. My guess is they are overestimating again, similar to Adderall expectations. Or the expansion could just be for be for larger office space. :)

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