Replies to post #337829 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

Total BS

BTW, if most any public company had its stock magically trading 4x higher than its current price, nobody would want the CEO fired. Great observation LOL

If the share price was currently at .30....

[ocbadger]

That's right! This is not a Blue Chip stock with ample resources in terms of money, personnel, etc where PPS is expected in certain range based on performance....this is the OTC still....meaning speculation & risk associated with it...any investor is here for the big payoff & risk that goes with it!! There is no whining allowed....therefore it's on you Mr investor/trader out there.....your voice is buying & selling that's it!

[DR Ryan]

Basically this. The shareprice can be manipulated (both up and down, yes) with less than 500k shares, which equates to around $40,000 at the moment.

There are numerous people that could do this easily, myself included. Hell, there's only been a whopping 4 trading days this year where the total daily volume is more than what I own. This is why getting caught up in weekly price swings is pointless at this time.

"WOOOWWW the share price went from .09 to .07 omggg the sky is falling" "WOWWW the price went from .07 to .09 buybuybuy"

See how stupid that is?