Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Leasing costs don’t hit COGS. I think it went down due to shifting some volume to Prasco at lower margin rate.

I mentioned the other day the risk of this and impact to margin rate. I got laughed at and what did the Zack’s article end with?

“Gross margin contraction does not bode well.”

This is always top of mind to an investor that understands financials. This has a real financial impact.

This on top of the lackluster messaging is what is impacting the stock today.

The company is doing phenomenal. We unfortunately have a CEO headwind that doesn’t know what to communicate to the investment community and the share price gets stung almost every single time. Lack of solid IR isn’t helping.