Elite Pharmaceuticals Inc (ELTP): Conix, I don't post this much, but I am...

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Elite Pharmaceuticals Inc (ELTP)

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Re: conix post# 26208

Thursday, 09/13/2012 10:48:28 AM

Thursday, September 13, 2012 10:48:28 AM

Conix, I don't post this much, but I am a huge fan of charts. ELTP is actually my only long term holding. Everything else is a day or swing trade. I have been able to build my core position on the dips, but I really have no idea where ELTP will go on this next round of news as much of what is coming is unprecedented in the stock's history. I don't make any trading decisions based on the "hype factor" that website has, but I am now following it on a few stocks in order to backtest it to see if it is a factor that I should consider going forward. It is likely to just be "noise", but I won't know until I test it.

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