Replies to post #356498 on Elite Pharmaceuticals Inc (ELTP)

[sharkey1]

Thanks No2, I saved that page.

[Je3232]

But all this goodness abs we are still below six cent. Why

[IB_]

I laugh out loud every time I see some long drawn out excuse for ELTP continuing to be a loser investment and trading less than $0.50 !!!!!!!!! TEN TIMES LESS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It's going to "Dollar Land" & "It's going to the Nasdaq" is a punch line for a 5 CENT POS stock ..........................................

"Elite is showing a profit" "Elite is one of the few OTC stocks that show a profit" AND THE SHARE PRICE HAS DECREASED while it has been profitable for about a year ..........................

Compare Elite "A profitable Conglomerate" to little old Spotify "A company losing money hand over fist" compare the charts !!!!!!!!!!!!!!!!!!

All this non-sense about The Business means nothing when the dilution continues to depress shareholder value/ share price,

IB_

[The ELTP King]

It appears the EXACT opposite is actually true.

Elite NOT profitable = 40 cents per share for over a year.

Elite profitable = 5 cents per share.

LOSING money = HIGH pps

MAKING money = LOW pps

Conclusion: EVERYTHING that people learned in business class is FALSE. Profit means NOTHING.

How is it that achieving profitability seems lost on shareholders? I ask because very few OTC companies are profitable. Moreover, less than forty percent of all publicly traded companies are profitable. So, Elite is operating in some rarified air.

[namtae]

I wouldnt call top 40% rarified air LOL

Moreover, less than forty percent of all publicly traded companies are profitable. So, Elite is operating in some rarified air.