Elite Pharmaceuticals Inc (ELTP)

[lasers]

Good chance the seller is Trellus

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75784833

SEC Form 4 filings

http://www.secform4.com/insider-trading/1053369-1.htm

Also Elite CC it was thought that their remaining ownership is below that required for filing or less than 5%.

Last filing on 2011-05-24- -2011-05-25 Sale 2011-05-26
they still owned 18,938,485 shs

The 18.9 mil shares would cover all of the MM's uncovered Naked Shorts.