Replies to post #371450 on Elite Pharmaceuticals Inc (ELTP)

[dr_lowenstein]

Partially correct they don’t do much well but Incorrect no one said they wouldn’t get an approval , oh wait they don’t have an nda approval just puny andas. Hence puny revenues

[jammy32]

All valid points but you missed one - the stock price. Seeing that nasrat isn’t ready to sell yet, do you think he benefits from an extremely low stock price.

[jammy32]

We almost went below 4 cents today. You’re right - things are bad

[jammy32]

You do agree that the stock price sucks - right??

[Dr JoeBarducci]

I know there's constant talk about how this stock is manipulated and there are tons of shorted or naked shorted shares. I, along with most people don't know anything about naked shorting, etc. Considering this is a low price, penny stock. What kind of money can actually be made by an entity or entities to constantly manipulate a stock like this? For people to be doing this to this stock for so many years, I would think there's real money to be made and not just peanuts. Any insight would be helpful, thanks.

[jammy32]

You always forget about that one little thing. What is it again? Oh yeah, the stock price. The reason people buy stock. To make money.