Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

Why all the focus on the run up in 2011. The company was going out of business and there were very few shares that were actually sold at .26. You can still check the charts you know?

However you can see how explosive this company and this market can be. Trials on the $2.7B market will be fun.

Do you think they will announce the CRO for these studies here shortly? Maybe let it fly on the CC.

Also since there are partners already interested, I am starting to think that there is a lot more going on for these trials then simply the sake of FDA approvals. These guys will sell this company for big bucks. That is the most likely, and logical conclusion and the reason someone like Nasrat Hakim buys 11m shares and takes over the company.