Replies to post #221629 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

Not much clearer than this

It is a rejection based on certain criteria being unmet.

Elites REJECTION is no different than taking the bar exam and FLUNKING IT... You can try again another time but lets stop the sugar coating... its FAILURE, its REJECTION!!

Sequest FAILED!!

Sequest is REJECTED

[dr_lowenstein]

That is correct. savvy investors know that the fda does not issue not approvable letters