Elite Pharmaceuticals Inc (ELTP)

[conix]

Thanks for noting the balance in the post.

I can understand longs repeating ad infinitum all the reasons why ELTP could be a long term run.

But why ignore the possibility that for some --trading an eventual home rum is a strategy? Why the anger for the opinion?

This stock will continue to have ebbs and flows. And anyone buying all they can for two years under .115 has tied a lot of capital in one stock. Depending on the purchase points (probably dictated to the availability to additional capital), there may have been buying at .114 down to .06.

But a trader may have bought at .08 and sold some, or a lot, at .16 and back in "under .115--all you can">

The presumption that everyone has unlimited capital and should depend on upping his capital commitment instead of raising capital on some trading is a BIG presumption.

Everyone positive here for the eventual overnight positive news of a big Pharma coming in. Or great BE study results.

And the stock gaps higher--never to look back again. And the traders are out of the majority of their position,

Traders are willing to take that risk. And Buy and Holders are willing to take the risk that everything will not go as planned in the time frames allotted.

Now this is a balanced position,