Elite Pharmaceuticals Inc (ELTP)

[straitfan]

a lot of companys will issue a pr stating an update on the company due to a massive uptrend or downtrend, just so shareholders know if any thing has changed.

I disagree completely, and I'm sure most people know the quote is wrong. Companies rarely issue statements regarding runs. And I mean rarely. When they do issue a statement, it's usually about something big in the news and their hand has been forced. However, if it happens often, then feel free to post some examples.

ELTP has pretty much said everything they need to say. They could only repeat what they've said or pr'd. Return to pr's they've issued and listen to the CC again. Do we really need them to repeat themselves every week? I'm as disappointed as anyone. I wish I had sold high too, but let's not blame the company for what has happened. Bringing drugs to market takes a lot of time. No way around that fact. Partnerships also take a lot of time. People on these boards don't understand how long it takes lawyers to hash out these contracts and go over the minutia about 200 times. the worst part is that they are probably in the very early stages of the process. the best hope we have is that they already have some sort of template in place to work out the partnership.