Elite Pharmaceuticals Inc (ELTP): The share price sucks because market pen...

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Elite Pharmaceuticals Inc (ELTP)

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Re: kayak_wench post# 361794

Thursday, 10/14/2021 11:40:04 AM

Thursday, October 14, 2021 11:40:04 AM

The share price sucks because market penetration on our biggest products ever, the Adderall's, sucks. They are barely doing anything to be honest, or at least nothing compared to the "just" 10% market share Nasrat always mentioned about the ER version.

People think that if they can only get 1% market share, what difference does it make if they get another 2-3 "billion dollar" drugs approved? And they aren't wrong. Until they can capture more market share, the share price is only going down.

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