Elite Pharmaceuticals Inc (ELTP): over 80% of today's volume was that litt...

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Elite Pharmaceuticals Inc (ELTP)

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Re: DR Ryan post# 22873

Monday, 08/06/2012 3:59:51 PM

Monday, August 06, 2012 3:59:51 PM

over 80% of today's volume was that little bear raid. I am not sure if that gap was filled in the purest sense of the definition, but I have not been too concerned about that as an impediment to our going higher. I am a believer in technicals, but technicals are not what is keeping this from going higher. Traders like technicals, investors want to see fundamentals. I hope the fundamentals are on par with our expectations, as I expect this could go in to the .20s if the numbers look improved. We really need a product launch or ELI 216 news.

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