Replies to post #307453 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

But if Elite is in its strongest and bestest position ever, how come its trading at 7 pennies?

It was $0.40---$2.10---$2.75

Looks like some valuations are way, WAY off for a company with decreasing revenues, decreasing cash, deceasing shareholder equity & increasing dilution

Maybe Elite should hire an analyst that knows what the heck theyre doing. Not these paid-for flunkies.. Thats assuming Elite would really want to allow anyone to know how over valued they have always been and are

[meshcan]

Thanks NASDAQ2020, I knew some young smart people remember details to help this old fellow :)

I know the name of company that did evaluation was never disclosed but these numbers $0.40---$2.10---$2.75 I belive were disclosed by Elite (Nasrat), correct? Were these numbers mentioned in any PR or CC? Do you have any link that I can refer to?

Thanks again.

[dr_lowenstein]

the bogus valuation from a company that refused their name be used and no details to back up a supposed valuation, LOL