Elite Pharmaceuticals Inc (ELTP)

[HankVerde]

Yes, misinformation is misinformation and I am not defending anyone. My point was that even naysayers serve a purpose and that is for those in the know to use their knowledge to refute misinformation with facts that result in those of us less informed becoming more informed. I've learned a lot by reading the replies to dr_l's posts. In many cases I've felt that if dr_l's posts hadn't been made, then the resulting, usually extensive, replies may never have been posted, at least not in the comprehensive format that many are. That's why I thanked dr_l, for bringing out the best in the more knowledgeable members of this board.

I hope this clears up and misconceptions about the meaning of my message.

Right now the stock is acting as I suspected it would after the announcement. Those who are "selling the news" are currently in control, but that may be temporary as those of us with large long positions refuse to sell. I love that a company of this type, which will soon be again profitable, is selling for pennies. I believe it's an incredible bargain.

Happy trading,

Hank