Replies to post #368877 on Elite Pharmaceuticals Inc (ELTP)

[IB_]

Elite is often plagued with lies & misrepresentations!!!!!!!!!!!!!!!!!!

Let me correct this one, " nothing being said by the company or any representatives." .......... NasRat claimed that HE hired an independent company to value Elite and then NasRat told shareholders that fair value for Elite at that moment was $2.10 per share ... not in the future & in the future it would be MORE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

That is the BS that fueled the hyped run to $0.97 in 2014, NasRat,

IB_

[littlerhody]

N2K,

Thanks for the post, looking forward to the s/p to make its move North. I do recall the CEO letting us know it will not be before the end of year 2023 for things to fall in place.

GLTA

[62bluejay]

Like in the past I will respectfully disagree with you're last sentence. People invest in a stock, mutual fund or whatever to make money for THEMSELVES.... They don't care about the Business at all. If Elite is profitable that is great for Elite but that hasn't transferred over to its shareholders in a higher p/s. I have been here since February of 2015 with a high p/s I believe it was .44 but that was when we where all praying for Sequest to pop and we know what happened there. So Elite can continue to be a profitable company but the share price continues to go down. So the most important thing to me is P/S PERIOD

[Sankarad1]

OT: This is slightly OT. question is about daily volume.

Hi N2K,
I would like to hear your comments about the extremely low daily volumes.

Looking at it negatively, this indicates lack of interest in the stock.

But I strongly believe the undercurrents and back end dramas suggest something different.

I would immensely appreciate if you can, in detail discuss, possible scenarios.

TIA

[jammy32]

Why does everyone not acknowledge the failure when it comes to the PPS. There is no good story to be told when you drop from 9 cents to 3.5 cents. None at all.