Elite Pharmaceuticals Inc (ELTP): Resistance at 4 cents. obviously. It wil...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jour_trader post# 377191

Thursday, 02/02/2023 12:27:45 PM

Thursday, February 02, 2023 12:27:45 PM

Resistance at 4 cents. obviously. It will be over $4 eventually but only after the reverse split which NH will do when he is ready to list on Nasdaq. There is a big difference between a reverse split to qualify on Nasdaq and a reverse split to remain on Nasdaq as LCI should soon discover.
Hopefully the stock will trade at .15-.20 presplit before it decides to go on Nasdaq. Then a 1 for 25 would translate to a $5 stock.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
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