Replies to post #356290 on Elite Pharmaceuticals Inc (ELTP)

[dr_lowenstein]

200million wow what independent qualified analyst agrees with that projection ????!??

[imanjen13]

With this historically low volume, I wonder what happens if a new investor decides to buy lets day a million shares and tries to accumulate prudently without spiking the price. If and when this happens, long time suffers, looking for a reasonable exit, will have a chance to move on.

The opportunity may be available in the next 4-5 weeks as earnings day approaches. Good to see LCI numbers on CNS sales.

[Just give me $1.50]

WRONG.

Latest data is about $1.2 billion, down from $1.5 billion.

This much discussed potential CNS ANDA that he speaks of having a $1.5 B market (generic Concerta or something else) is based on September 2019 IQVIA numbers. With a CAGR at 8.5%, we can reasonably expect IQVIA to project this drug - whatever it might be - to be about $1.75 B market today.

[Just give me $1.50]

According to IQVIA Health, the Concerta brand and generic products had US sales of around USD 1.159 billion for the most recent 12 months ending in June 2020.

[Je3232]

not sure why there is any support dor this stock. i stay because it stand the thought of missing a run yet my better me says there's no way this POS moves

[Je3232]

LCI reported growth last quarter but it didn’t seem like the growth made its way to elites revenue