Replies to post #214247 on Elite Pharmaceuticals Inc (ELTP)

[Don'tDrinkTheKoolAid]

That would be the absolute worst time you could sell at the OPEN. I thought you're a trader?

[WeeZuhl]

Great question, John...

Why when you can sell at the open and buy back 2 or 3 times the ELTP shares later?

The long-term investors on this board are like the institutional investors of the the OTC. We own significant percentages of the company, in line with what pension and hedge funds own of a blue chip stock. Institutional investors do a lot for a company, but one of the most important roles is to act as shock-absorbers during times of financial distress. In the weeks ahead, I want my ownership to be a stabilizing force. The longs need to continue to push and prod and pester the leadership of the company, just like actively-engaged institutional investors do for exchange-listed companies. And if we stick together, we can have a measurable, positive effect on this company going forward.