Replies to post #309660 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

Puny increase in revenues that generated more losses. Who cares?

Elite still trying to catch up to revenue numbers from years ago.

Regarding p/s not responding to news, well take a good look at the news. It's all small potatoes

Oh Elite got FDA approval for another generic. The total mkt size is $34m - snooze

Even throwing around larger market sizes doesnt equate to Elite capturing any of consequence... and they dont!

Its a joke and "real" business experts understand this. The reaction to the p/s is evidence. Real pro's would gobble up shares if they followed the logic of many longs. They dont!

Case Closed!!

[julesnemo3]

A buyout has always been the goal here. No hurry for some.

[dr_lowenstein]

Elite's p/s has never responded in the normal ways.

I agree, because elite is NOT a normal company. Normal companies employe qualified management, try at least to develop real differentiated products, dont engage in odd investment schemes and believe in honest communication with shareholders. No, this is not a normal company

[YJ4LIFE]

My purpose here is to provide a business perspective on a company I am invested in.

Very much appreciated. Love your posts!