Replies to post #159242 on Elite Pharmaceuticals Inc (ELTP)

[IB_]

Elite trading at $5.00 per share is Hysterically Funny when it is trading at $0.21 !!! Smart Longs will wisely wait till Elite trades above a dollar to start talking about $5.00 as to not make Elite look like a scam to new investors !!

"Institutional investors will want to push the price up so that they can get in. About $5/share is the usual institutional price per share."

How can "Institutional investors" push the price up when the cant get in till "$5/share ??? LoL LoL

WoW,

IB_ ;)

[snupoled]

Jim,

wouldn't it be in our best interest to know what their balance
sheet looks like?
without looking at future revs. or potential revs. or our billion
dollar platform,,,

what would be reasonable for epic to offer us now before approval?

With dantrelone, loxitane, eli 201, 202, and our monster drug
eli 216 24 hour , first of its kind drug on hold ...what would
be a reasonable bid here?

old snup thinks a buck?

I am not looking forward to the outside chance of a rs here at current price as that would put a lot of us under water for a good
year as the price climbs from rs level 1:30 or so.
rs is not in our best interests here as it would tie our money up
for a good 2-3 years, with the first year being a return of principle for some of us in at higher prices, mine are 34 cent range the lions share,,,,

yes, I sold on first run and was happy to write my check
but I want more eltp crack and rs at 20 cents is not in our best
SHORT TERM INTERESTS,,,,,

BUT MAN OH MAN , I SENSE CONVERSATIONS ARE GOING ON AT HQ

SNUP FAIR AND BALANCED