Elite Pharmaceuticals Inc (ELTP)

[fitty34]

Pharma - many have been invested here over 10 years, kicking ourselves for not getting out in 2014 or at least making a positive trade there, and growing weary of the continually beat down of pps, and the ceo saying things that never come to fruition (“dollarland, nasdaq, predictions of high revenue on $B generic markets, etc”). I’d take $.30-$.40 right now and move on which is well shy of what I need to justify the time invested and 10x our current pps. Meanwhile share count has literally doubled since our ceo took over and all we have is “well at least we’re still a company with peanut generic revenues and not BK”. No ADT products. I have more shares than this trades in most weeks and I’m ready to see a light at the end of the tunnel, not more excuses to kick the can down the road another few years. Unfortunately it’s looking more like a huge write off.