Elite Pharmaceuticals Inc (ELTP)

[mrwrn2010]

Haha. It really is quite simple here, no complication is needed. The CEO of the company has not only made $500,000 available to his company for use, but DOUBLED that amount. It would be ludicrous to suggest that he has any opinion about the company's future other than a positive one. The CEO would probably know before anyone else if the company was headed for bankruptcy and I highly doubt he would double down on this personal loan if that were the case. I don't need a link to show that, it's purely common sense. If I loaned out a million dollars to some person/company, I would also expect at least a decent rate of return. He gets paid what, around $30,000 annually? Not uncommon for CEOs to be paid hundreds of thousands of dollars each year, if not millions.

I would assume one of your intelligence level could arrive at the same conclusion.