Replies to post #248885 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

Hard to argue protecting an Elite investment from very bad news potentially that Inspirion gets a positive AdCom vote

Theres no catalyst coming this week for ELite to go higher and an Inspirion good vote could very well send ELTP shares tumbling!!

Whats wrong with being smart and protecting your money?

Can always buy ELite back later either cheaper or same price, in the interim, you protected what could be a very steep downside