Elite Pharmaceuticals Inc (ELTP): Yes, almost everyone is underwater here...

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Elite Pharmaceuticals Inc (ELTP)

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Re: namtae post# 379878

Friday, 04/28/2023 3:47:07 PM

Friday, April 28, 2023 3:47:07 PM

Yes, almost everyone is underwater here at the moment. So what? Past results do not predict future outcomes. Nasrat himself has a lot to gain from stock appreciation. IMO, at some point there will be a corporate action (Merger, outright sale, or ?) that unlocks value here. When? Not today… but the company is in decent financial shape. It’s not gonna become worthless any time soon either.

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Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2024 08:47:43 PM
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