Replies to post #342975 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Elite earns the bulk of the revenue much differently than Lannett. As a manufacturer Elite gets paid much earlier than Lannett does. We also benefit from the profit split at the tail end. Lannett hasn’t sold much, but they are expecting it to start growing (sales) the Q we are in throughout the year. That is good news all around for Elite.

[elichen]

If you are an investor (long) stock price doesnt matter at this point because we are waiting for the inevitable buyout. Therefore, what matters to us is revenue, evidence of pipeline, evidence of growrth—qualities that will be attractive to that “prince Charming”...