Elite Pharmaceuticals Inc (ELTP): Ya it is a guess, and we won't know for...

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Elite Pharmaceuticals Inc (ELTP)

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Re: IB_ post# 41380

Tuesday, 01/15/2013 11:23:34 AM

Tuesday, January 15, 2013 11:23:34 AM

Ya it is a guess, and we won't know for sure until it happens.
But you can compare novel to other drug companies with similar number of products and employees and have make an educated guess. We can be certain that is is worth several times what it was when Elite initially invested in novel labs as there product line has grown year to year.

It will be very interesting to see what the number comes in at, of coarse novel wants less and elite wants more. Hopefully they can work together better than politicians. lol

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