Replies to post #353005 on Elite Pharmaceuticals Inc (ELTP)

[Je3232]

One more fact that seems to be most / elite closed below six cents.

[jour_trader]

Didn’t they have to restate financials not once, but twice due to some creative accounting?

[sharkey1]

Thanks, No2

[namtae]

Interesting

I know because I am one of the very few people with real big (Fortune 50 big) business experience, a doctorate in business and have taught (still teach) strategy for some very renowned B-Schools. That makes me a triple threat in the business world. Pretty rare. And that's a fact.

But how does that triple threat square with the following?:

The evidence is clear and decisive, born of past practice by the FDA, Elite will receive approval for SequestOx on or before July 14th (three days hence) AND WITH THE ALL-IMPORTANT ADF LABEL.

[WeeZuhl]

In neither case is it sophistry, it is sophistication. (Funny how the words start with the same seven letters but their meanings are so very different.)

I know, right? Words are fun. Sophistry. It sounds technical and true, but really it's just a fancier grade of bullshit. I will admit, however, that my phrase "business school sophistry" may be a little redundant.