Replies to post #286746 on Elite Pharmaceuticals Inc (ELTP)

[inveterate]

That has certainly proved to be true! Does anyone have any idea of a timetable here? Are there any parameters that we could expect as to when we might hear back from the FDA?

[IB_]

Finally Elite has some truth & honesty !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Elite has been a major disappointment to say the least,



IB_

[tenor15824]

You have that right. This is a good lesson as to why one should think twice before ever investing in small pharma companies. Everything takes weeks, months, or years to be accomplished.

[no2koolaid]

Drugdoctor, thanks for weighing in. Indeed, I suspect many investors, like myself, believed SOX would be approved by now. That it has not does raise a level of irritation, still there are a couple of points to be made...First, there is value in being diversified when investing. Despite Elite's flat p/s over the past months, it remains that many other investments have increased. To fail to recognize how one might be invested in Elite for its buyout potential is to fail to understand the value of choice that diversification provides. Second, since the CRL for SOX, Elite has taken steps that have improved its intrinsic value and, thus, serves to make it a more valuable company for investors in the long term; recognizing that the value of an investment is not assessed at some variable interlude along the timeframe, but at the point of sale.

[snupoled]

Drugdoc.

Yeah, we were expecting a thriller
and have been left reading a mystery

double secret probation but

the sselite must sail on , we have come to far to turn back now.

snupDAWG

[SCHH]

DrugDoc...been here so long I actually forgot what we are waiting for...as the list of disappointments and setbacks grew and grew.

To the point now where I really dont know what is the one most important breaking news alert (bing bing) would break us out of this malaise.

help

time is NOT in our favor...