Elite Pharmaceuticals Inc (ELTP): All this gap talk is bullshit. Nothing b...

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Elite Pharmaceuticals Inc (ELTP)

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Re: CMDawg post# 386396

Monday, 08/28/2023 9:18:18 AM

Monday, August 28, 2023 9:18:18 AM

All this gap talk is bullshit. Nothing but a self fulfilling prophesy for people that trade/flip shares of a stock. If the news or money is big enough gaps go unfilled. Let's say a pr came out that we signed a 20 billion dollar deal with another company, and that Nasrat expected our revenues to be 250 million a quarter going forward...you think a gap at .09 is gonna fill when we'd be trading in the multiple dollars per share range? Uh....no. So, it's kind of stupid, imo.

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