Elite Pharmaceuticals Inc (ELTP)

[imanjen13]

Suppose you were recently hired by ELTP to work in the new warehouse that has recently been inspected by the FDA to assure it was kosher and halal. At lunch you discuss with fellow workers how busy the facility has been.
You tell your family that this is a growing public company that seems to be expanding and has added another shift.
You look up the stock price and see it is selling only for 14 cents and has a PE ratio around 6 and shows increasing quarterly revenues. Plus they have recently authorized shares to be issued to employees. Uncle Joe says this looks like a great company to invest in.
My point: Strong buy at these ridiculously low prices.