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Replies to post #346131 on Elite Pharmaceuticals Inc (ELTP)

Replies to #346131 on Elite Pharmaceuticals Inc (ELTP)
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namtae

11/06/20 11:35 AM

#346132 RE: DR Ryan #346131

If thats true

Let me reiterate, Elite is growing the business. The share price will not reflect that on the OTC.



then why would anyone want to own ELTP?
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imanjen13

11/06/20 11:37 AM

#346133 RE: DR Ryan #346131

The problem is that there is no evidence that Elite is growing the business. If it is undertaking new ANDAs of NDAs, even if in early stages, it is incumbent on management to let the shareholders know. Credibility and optimism are paramount to investor confidence. The pathetic volume is indicative of the ennui experienced by loyal investors.