Elite Pharmaceuticals Inc (ELTP): While market timing is problematic, the...

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Elite Pharmaceuticals Inc (ELTP)

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Re: rdfdr1 post# 395286

Wednesday, 02/07/2024 12:36:39 PM

Wednesday, February 07, 2024 12:36:39 PM

While market timing is problematic, the erstwhile self proclaimed King has indeed a knack for catching major moves. Since I have level 2, a actually saw him successfully buy the last big block at 10 cents, a price that we will hopefully never be seen again.

If predictions of earnings in the range of 20M a quarter are correct, it is likely that 20 cents will look like a steal in hindsight which is almost always more accurate that foresight.

As Groucho used to say: Last chance to beat the other couple. (The secret word is BUY).

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