Elite Pharmaceuticals Inc (ELTP)

[HankVerde]

We did have a 58% increase for the two trading days April 5-6. The fact that we are holding above $0.145 so far is a good sign, especially given the fact that we have almost 5.6m shares traded already. That's a lot of selling pressure, but the stock price is hanging tough. If we can close above that $0.145 level, we may start to form a new base.

And don't forget, at $0.145 we have over 100% gain since the Dec. 30, 2011 close of $0.07. Not too shabby!