Elite Pharmaceuticals Inc (ELTP)

[tangerine]

Interesting. A number of long term investors like yourself feel that way? I don't know any long term investors that feel that way. Everyone I know think it's ridiculously undervalued. Investors that feel that way would not likely be long term investors.

As a long term investor myself it is good to have company in our misery with this stock. Aloha

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87555475


The CEO is a long term investor and is basically paid in stock. Here is what he said

"It's interesting to me that someone who worked on Wall Street for 25 years and disparity in valuation between companies like Elite and other companies involved in development of abuse-resistant products like Pain Therapeutics, Acura, what it says to me is that, the investment community doesn't really believe us yet, but these products are going to be real. Well, there is lot of people in this company including myself and Chris and Carter, and our Chief Scientific Officer who have been paid a significant amount of stock because we do believe that. And that market has developed in a way enormously to our advantage, and we think we have an officious technology that is in a lot of ways superior to approaches that other companies are taking."