Elite Pharmaceuticals Inc (ELTP)

[DSherman]

I doubt 3% of Elite traders are here for a buyout. If some want to hold all shares and never sell it’s their biz; there are few that do despite the claims. Being up 300-600% in pennyland and not at least recouping one’s investment is simply a terrible/lose trading strategy. There are traders on every board who claim to own but don’t, there are traders here who significantly exaggerate their holdings, there are traders closing to buy more but their not and traders who have invested beyond their means who spend everyday with a knot in their stomach. BUT none of them actually control but only contribute to the ups and downs in a stock. Stocks will ALWAYS drop after a significant run up, capitulation and consolidation will always occur. Bottom line, there are no geniuses in trading other than software/algorithms and it’s wrong often as big money can defeat same.