Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

The very issue you are correct on is that this is not new. What is new is that companies are beginning to do something about it. If viewing the video, an Elite shareholder will glean a number of points that relate to Elite - like a profitable company that has a 40 cent share price and a market cap less than its annual revenues. Very much like Elite and very uncommon. As Wes Christian said..."It is easy for a jury to understand that a profitable company should see its share price increase."

As for the remainder of the post, the word EVEN is a tell, as is the obviousness of the word "dumb"(words do provide a window into one's position)...

Even his suggestion to put shares in a cash account (out of margin) or take delivery so shorters cant borrow them to short, is dumb.

Why?

Because why would illegal naked shorters want to borrow those shares if they are illegally naked shorting them anyway? That maneuver helps only when trying to eliminate "legal" shorting