Replies to post #318885 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

WRONG WRONG WRONG!!!

Lets start with the easiest one

where will the p/s be when Elite does exactly as Nasrat indicated

First lets establish when has Elite EVER done exactly as the CEO indicated. Can we take a vote?

How is it possible he would make a statement about Q1 2020 revenues doubling those of Q4 2019 revenues if not absolutely certain?

Its not only possible, its easy and the CEO knows it. It's called SAFE HARBOR and allows companies to forecast into the future without being held accountable. This is one of the FIRST THINGS recited on CCs, shortly after the host says "Good afternoon"

Thanks for letting me clear up all this misinformation

[dr_lowenstein]

yeah yeah yeah, heard all that before about nasrat full of promises, LOL but the hysterically funny part will be if the revenues do indeed double, to 2.8 million, so WHAT!!!!! They will still be losing money and the pps will go nowhere LOL

[NASDAQ2020]

Spot on N2K

Double, Double, Triple then CFP

[Sixman]

Double speak at its best.

Even if the revenues double or triple, as has been posited here, the revenues will still be TOO LOW to matter.

ELTP might slowly capture some of this generic business, but I doubt it ever moves the needle on EPS.

DIW.