Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

Some basic math again

Company needs to earn ~$1m a month and with a 10 PE, you get .10 price per share

They basically already do that or close except they put millions back into R&D.

So if you enter $10B market with numerous products in that market, can you earn $2m out of a billion? How about $3m out of a billion?

How about $10 million and that gets you to $1 a share.

So if they can capture 1% of products in high demand where they are very price competitive and motivated and these are products that sell themselves..mandated by prescription driven by price....you realize the game is already over.

And that's just based on the products you know about. Not what's in the first stage of development.