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Re: richme post# 23408

Wednesday, 08/15/2012 1:04:06 AM

Wednesday, August 15, 2012 1:04:06 AM

Post# of 400446
If you really do own shares of this company (ELTP), then I genuinely do not understand your attitude toward the company's progress and the statements you make on this board... You stated that you were down about $9500 in one account and also down in another account.. Are you under the impression that your skeptical remarks and other posts with negative connotations about Elite will actually raise your account balance? I'm really at a loss here. Seems like shooting yourself in the foot to me.

New investors that come to this board should be able to quickly find accurate facts, with neither positive nor negative bias attached. The company has had its issues, that much is clear. Companies usually don't go trading from dollars to dimes without any problems. However, it is also clear that the products launched since the removal of the best money makers (original Lodranes, which should be approved later this year or next, btw) are selling more and more. With multiple products waiting to be FDA approved and commercialized, surely you don't think that will DECREASE the value of this company or LOWER the price per share... do you?
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