Elite Pharmaceuticals Inc (ELTP): You do a buy back when you have money in...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jour_trader post# 372038

Thursday, 08/04/2022 2:39:49 PM

Thursday, August 04, 2022 2:39:49 PM

You do a buy back when you have money in the bank - not when you go for a loan smile

smile

Elite has too much R&D costs coming to spend the money on shares.

To me, the current valuation is because we do not have anything special in our portfolio of drugs.

Having a patented technology for abuse deterrent drugs is changing the parameters big time.

Also being the first generic for Oxy will contribute

Let's spend the money there...

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