Elite Pharmaceuticals Inc (ELTP)

[Couch]

Although people tend to draw conclusions from insider sales it may be wise to ignore them.
Peter Lynch, the great mutual fund manager, frequently stated that he only paid attention to purchases, not sales. To paraphrase his thoughts, he felt that sales could occur for any number of valid reasons, including personal needs or a desire to diversify or for tax purposes.

But a purchase can only mean the insider believes strongly in the company.