Replies to post #370841 on Elite Pharmaceuticals Inc (ELTP)

[Jimmy Joe]

Without getting into the weeds, I have Elite's share price at 28-34 cents...NOW! As in - TODAY!

N2K thanks for running the numbers. I have been saying Elite is WAY undervalued RIGHT NOW~! And I was right.

This stock is seriously manipulated as it has been for years now~!

So, even with a new product approval manipulation continues.
It is not uncommon to see many stocks like $ELTP suppressed. Corruption in the market has been going on for years and years.

Elite should be $0.28-$0.34, and $0.30 is right in between. Wow~!

[jammy32]

Saskatoon and funny is that it’s not worth 34 cents. It’s not being manipulated. The reality is the stock is worth 5 cents and will probably drop in to the 4 cent range again. Sorry

[dr_lowenstein]

lol I love this dcf amateur hour . Pick a number say it is so then throw out some hocus pocus !!!!! Rule #1 never show the assumptions or calculations

[jammy32]

Sure. This alllows Nasrat to get to 500 M shares owned at some point. You excuse Nasrats performance for some reason. He’s been there for nine years. How the F does he deserve a longer game.

Sell the company or fire Nasrat.





1. I no longer think 2023 is a buyout year. Nasrat just signaled a longer game - How much longer?" No idea.
2. My interpretation of the longer game also changes my position about the Nasdaq. I think it is now in play.

[The ELTP King]

Carter Ward 2013: "Elite's LOWEST possible valuation is 40 cents."

9 years later...

no2koolaid 2022: "I have Elite's share price at 28-34 cents...NOW! As in - TODAY!"

Conclusion: WTF!!!!!!!!!!!!!!!!!!!!!!!!!!!!????????????????????

[jammy32]

We’re down 10 percent. All this nonsense is just that until the stock price moves up.

Nasrat should sell the company

[jammy32]

I’m looking at 2033. Gives Nasrat 20 years to accumulate even more shares. What BS about the Nasdaq. Now you sound like Nasrat.



I will save the logic for when I have more time, but I am changing two of my previous positions based on my interpretation of today's call.

1. I no longer think 2023 is a buyout year. Nasrat just signaled a longer game - How much longer?" No idea.
2. My interpretation of the longer game also changes my position about the Nasdaq. I think it is now in play.

[jammy32]

Just for grins I looked and it’s at .045 cents per share. NOW! As in TODAY. Did this without getting into the weeds. Click , quote, down again.


Just for grins, I ran a very conservative DCF analysis based on what we know from today's numbers and, of course, projections for growth. Without getting into the weeds, I have Elite's share price at 28-34 cents...NOW! As in - TODAY!