Elite Pharmaceuticals Inc (ELTP): Its simple really. You have a company wi...

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Re: NBack711 post# 44355

Tuesday, 02/05/2013 12:26:32 PM

Tuesday, February 05, 2013 12:26:32 PM

Its simple really. You have a company with a 30m market cap

About to have 9 commercial FDA approved drugs and be profitable from operations.

8 partners, including major ones like Actavis, HITK, Epic etc...

Contract R&D for multiple companies

2 FDA DEA approved facilities, and a bunch more products in approval.

The ART itself is worth several times the current market cap but even if you take it out, it is still undervalued.

So folks hold the price down and accumulating knowing what is going to come. Patience and intelligence wins out.

Don't believe me. Find another drug company with 9 approved drugs, 2 facilities, and a major R&D effort that has a 30m market cap...

Find one that is CFP....lol good luck with that too.

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