Elite Pharmaceuticals Inc (ELTP): The problem with your story and it is a...

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Re: jour_trader post# 383612

Tuesday, 08/01/2023 2:56:27 PM

Tuesday, August 01, 2023 2:56:27 PM

The problem with your story and it is a story is that the value of the company is so far disproportionate to the current cap. We could have this discussion at .15, maybe even .12 but at .04 you are full of crappola. lol

Again just as a shell, tax loss carry, and assets, you are valued at 1.5-2x the current cap. That is before you even look at revenue, earnings, products, drug trials, patents and tech and anything that is forward looking. They could stop R&D and do half the float in earnings in a year or something like that.

But R&D is lining up many products in the three phases. so you can get exponential

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