Replies to post #372038 on Elite Pharmaceuticals Inc (ELTP)

[kennyt 335]

Hope Nasrat and company read your post jt ELTP $$$$$$$$

[HGilS]

You do a buy back when you have money in the bank - not when you go for a loan :-)

Elite has too much R&D costs coming to spend the money on shares.

To me, the current valuation is because we do not have anything special in our portfolio of drugs.

Having a patented technology for abuse deterrent drugs is changing the parameters big time.

Also being the first generic for Oxy will contribute

Let's spend the money there...

[namtae]

Your advice makes sense but I doubt the CEO would want to part with any meaningful cash. Makes one wonder, after all his bellyaching about undervalued etc, this hasnt already occured

A meaningful buyback from earnings would give a jolt to ELTP and put it on the radar of traders with programs tracking insider buying

Again, need to right CEO to do whats necessary.. big problem here

[jammy32]

Maybe Nasrat should return some shares. He has almost 300 M of the one billion. That’s just ridiculous and unfair to shareholders. No way to run a public company in my opinion.