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Replies to post #152018 on Elite Pharmaceuticals Inc (ELTP)

Replies to #152018 on Elite Pharmaceuticals Inc (ELTP)

hondobud

04/22/15 4:27 PM

#152019 RE: no2koolaid #152018

I have read this before or have ESP.

So u say $4.83 minimum per share within 12 months?

I guess I would have to take that.

mrwrn2010

04/22/15 4:28 PM

#152020 RE: no2koolaid #152018

Always enjoy your posts, please keep it up.

dr_lowenstein

04/22/15 4:29 PM

#152021 RE: no2koolaid #152018

wow. $3.5 Billion, why that is just UNbelieveable LOL LOL

tempaussie

04/22/15 4:56 PM

#152023 RE: no2koolaid #152018

no2koolaid, in your scenario, did you give any thought to Merck? I had seen a tweet on this possibility on Twitter.

Clarendon

04/22/15 4:59 PM

#152024 RE: no2koolaid #152018

N2Kool - you write well but help me understand why a stronger dollar makes ELTP more attractive for a foreign pharma? The opposite would seem to be the case, no?

upon filing for their NDA Elite will garner an offer north of $3.5 Billion

- 3,5bn upon FILING is absolute bonkers. Filing does not equal approval. With Nas's timeline we would then see a more than 20x increase in PPS in the next 8 months. How can any acquiring company defend that in front of their shareholders?