Elite Pharmaceuticals Inc (ELTP): Although we closed above $0.145, I did n...

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Elite Pharmaceuticals Inc (ELTP)

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Re: None

Tuesday, 05/22/2012 4:41:40 PM

Tuesday, May 22, 2012 4:41:40 PM

Although we closed above $0.145, I did not like the bid/ask pricing action at the end of the day. Let's hope that when people come home from work and see the patent announcement in their email that it generates some buying enthusiasm tomorrow. We are at a critical price tripping point, in my opinion, and we could see a drop to the $0.12 range if we don't close higher tomorrow.

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