Elite Pharmaceuticals Inc (ELTP)

[StockSwami]

When the stock was trading in the .06-.07 range people were saying the stock price was too high and it was going back down. Personally I knew what I owned and saw that management was moving forward with their plan. I held my stock.

When the stock reached the .12 - .17 range people were saying the stock price was too high and it was going back down. Personally I knew what I owned and saw that management continued to move forward with their plan. I continued to hold my stock.

When the stock price reached the .22 to .27 range people were saying the stock price was too high and it was going back down. Personally I knew what I owned and saw that management was moving forward with their plan. I continued to hold my stock.

When the stock price reached the .31 to .37 range people were saying the stock price was too high and it was going back down. Personally I knew what I owned and saw that management was moving forward with their plan. I continued to hold my stock.

At every level we have reached there has been a cry of this stock is over priced. When the opportunity to buy more has presented itself and the stock has pulled back from highs, I have added to my holdings. Why? Because I know what I own.

What I see now is more of the same, a healthy pull back and consolidation. I have been buying between .55 and .59 today and have no doubt that those shares will make me a lot of money in the coming years just as the shares I have bought in the past two or three years have already made me a nice profit.

The one constant is I KNOW WHAT I OWN!!!