Replies to post #357739 on Elite Pharmaceuticals Inc (ELTP)

[Je3232]

Hope you’re right but I don’t buyers anywhere in the future. He’s trying to get more shares. To your point by ages 62 he could be sitting on 400.000,000 shares. Who knows By the way - look at the volume. People are dumping their shares

[dr_lowenstein]

total nonsense, nonsense. The pps is the starting point in M&A. Various analyses may result in an offer in excess of the market cap and then again such analyses could result in the conclusion that the company is overvalued (elite as case in point). Declining revenues (elite as case in point) would be one such factor