Elite Pharmaceuticals Inc (ELTP)

[imanjen13]

You don't know what you don't know.
In a thinly traded stock such as this ,anyone can easily cause a dramatic rise or fall with a small order of less than a million shares. The pre market trades of 39K shares cost a grand total of around a grand. While some here like to call it manipulation, it really is just simple math and law of supply and demand. Drop the price low enough and many will step in.
No panic selling just an investor who feels the LCI loss will be a terrible strain on the company's future revenue. Based upon the poor sales performance of LCI and its real possibility of being delisted, it is probably a blessing in disguise.