Elite Pharmaceuticals Inc (ELTP)

[mrwrn2010]

It could be me in the minority, who knows. I can respect the difference of opinion.

To me, rather than get on every conference call and essentially say “It seems like the better we do, the worse the stock gets. Welp, anyway…”, why not pivot a little bit? When the ART technology hit a wall, they said okay, let’s pivot here, build up a solid generic business instead so we have enough money to maybe make this worthwhile down the road. Similarly, we’ve seen the stock decline for how many years now? Let’s issue more, but still substantive, PRs. Let’s make sure all our salaries are paid out in cash. Let’s issue a buyback here and there.

I don’t want to be on a conference call in 2025 and hear “We now have a record-setting 100 million in revenues now and our stock is .02. Anyway…”