Elite Pharmaceuticals Inc (ELTP)

[Jimmy Joe]

For all of you who think Elite is not the target (for years) of predatory hedge funds or family offices rethink your thinking.

Again, share price of Elite is NOT NH's fault. He's actually very smart not to complain about the manipulation of Elite stock.
No matter what Elite has done in the past the stock price has managed to trend down. NOW we are in a bear market where banks are liquidating any assets they can. Stocks are some of those assets. Normally banks would switch to bonds because when stocks go down bonds usually go up. Bond market is getting crushed. They can't go there. Gotta liquidate assets.

Ever wonder what the DTCC and it's CNS (Continuous Net Settlement) program has to do with why Elite's stock price never goes up~? Elite isn't the only stock either. Any stock "THEY" want to attack they get as many FAKE shares through this DTCC program as they want. All the DTCC requires is that "they" pay for the volume of those shares "they" want to borrow. Say "they" want 5 billion shares. They go through the CNS program and pay the DTCC for those 5 billion FAKE shares to borrow.
Now they can use those 5 billion FAKE shares they borrowed through this CNS program having created billions of synthetic shares to attack the company they choose to take down. "They" can use these synthetic shares to cover their positions.

Prediction, Elite's share price will rise when these banks have to cover losses. They will no longer be able to manipulate the share price of Elite or many other stocks.

Phase 6