Replies to post #337255 on Elite Pharmaceuticals Inc (ELTP)

[Just give me $1.50]

What people don't realize is that we're on the OTC.

1. Some people and companies are not allowed to invest in Elite............even if they wanted to.

2. In fact, the people that CAN invest in Elite, have to pay a commission fee to buy OTC stocks, which is a disincentive, as opposed to regular stocks, which are commission-free across all brokerages.

3. Take it a step further, some brokerages don't even ALLOW you to buy OTC stocks.