Replies to post #219455 on Elite Pharmaceuticals Inc (ELTP)

[toybaby]

The FDA didn't say NOT APPROVED~~~~~~ They gave a CRL that means they want a clarification of the submission that ELTP submitted~~~when this is completed the FDA will give an APPROVAL ! all we have to do is WAIT!

[robal52]

Even if we did get an approval, that would probably just take the share price back to where it was. The approval was definitely baked into the price at $.34. The fact that the movement going into the FDA decision was down makes me believe this was not a surprise to anyone in the company.