Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

This board is still 80% theatre. Unless you believe that there is this great investing consortium in all these far away countries that are here to help you.

What I am posting is basic finance stuff honestly.

Unfortunately we are valued more like a straight manufacturing company like a machine shop, or a similar high volume facility that makes whatever stuff for people at high volume and low margin.

Note when I say valued , I mean that's how the numbers look towards the current P/E and cap.

Not like a company that can make billion dollar drugs that are hard to make, hard to get approved and hard to pass regulation, hard to market and in shortage. That's the OTC. But it won't be forever. Sand is quickly running out for that