Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

The biggest problem they have is that in order to buy those shares back, the stock will run away from them. The fundamentals of the company are extremely strong at this market cap. The stock would get too much attention and people tend to follow trend. It is why stocks run the way they do on OTC.

A few million shares bought and the stock runs 20-50%. We just saw it. They did flood the market. then they have to create the reasons why the stock is down, but all that is left is Nasrat the bogeyman and look at the price.

It is a self fulfilling prophecy. Drive and hold the price down with short shares, then make up the reasons why. Post a million times a day every day. That's the psychological part. Eventually people capitulate, get worn down. WHY ELSE WOULD PEOPLE POST THE SAME NONSENSE 10X A DAY?

It's to have that psychological effect.

Honestly this stuff isn't that complicated when you remove that emotion.

The line from the CEO "The better the company does, the lower the stock price goes" should tell you all you need to know to see whats going on.