Elite Pharmaceuticals Inc (ELTP): Agreed. I do not see Elite doing a share...

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Re: senderos post# 45445

Thursday, 02/14/2013 10:17:34 AM

Thursday, February 14, 2013 10:17:34 AM

Agreed. I do not see Elite doing a share buyback. If the sale of Novel yields a windfall of cash, a management team like Elite's is going to understand that cash is king and they are not going to quickly part with it just to raise the share price. They will use the cash to grow the business and let the business growth be what drives up the pps.

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