Elite Pharmaceuticals Inc (ELTP): Elite chose partners poorly. Lannett bar...

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Elite Pharmaceuticals Inc (ELTP)

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Re: The ELTP King post# 378878

Thursday, 03/16/2023 8:51:19 PM

Thursday, March 16, 2023 8:51:19 PM

Elite chose partners poorly. Lannett barely penetrated Adderall XR market. Markets are forward looking and there was very little forward PE applied because there is virtually no growth. Pipeline stalled and is now starting to move again. There is concern about what CEO can actually bring to the table after SequestOx failure. That has tarnished him, hands down. He needs to prove he is worthy of investment. He has helped the company achieve CFP, now let’s see some real growth. Low single digit growth y/y is nothing to celebrate.

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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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