Elite Pharmaceuticals Inc (ELTP)

[jgsnys]

An objective reading of the latest conference call transcript would appear to suggest that Nasrat is intentionally making statements that could have a negative impact upon the stock price. . . . Check for yourself. While, yes, it can be said that Nasrat is indeed a moron, given his obligations to shareholders, many of the things he says, and the context in which he says them exceed everyday, run-of-the-mill stupidity. Prior conference-call transcripts show an overabundance of such statements as well.