Replies to post #362904 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

Apparently those reading the SA articles advocating on Elites behalf arent falling for it

It has led investors off a cliff with the regular, record setting new 52 week lows of ELTP shares

As Ive run multiple huge & successful organizations and guest lectured my students about the intricacies of success, one particular success result dwarfs all the other achievements and failures in analysis

That is... whats the bottom line?

For ordinary Elite shareholders, the bottom line for the past 8 years of this CEO and the ridiculous, nonsensical SA articles is COMPLETE FAILURE!!

Thats how one is judged in the real business world..

[no2koolaid]

What buyers of ELTP shares want to do has no impact on the longer term value of the business. I thought it is logically understood that the p/s has nothing...zero...zip...nada...to do with Elite's business valuation. As for holding shares, it has always been about the nexus between knowledge and courage.

OBTW: Should I be surprised there are no comments on the alleged year-end tax loss sales? No, because one thing I can count on is when some allegation is shot down, there is always something else to deflect to. Funny how that is...the effort to offer some explanation that seems good enough, until it is not because the facts are in opposition.

[no2koolaid]

Retail bolder is bailing.

Funny how the Elite retail investors decided to bail out today within 12 minutes of one another. So, with the shares up .002 to 0.33 and with 745k shares traded, they all sold and increased the volume to 2 Million shares traded in 12 minutes? Funny, I do not believe in such coincidences. Nor should anyone who reads the following - how many times can it be said...Elite's share price is being manipulated. Funny, it does not change the value of the company. https://www.griproom.com/fun/10-signs-your-stock-is-being-manipulated