Replies to post #374611 on Elite Pharmaceuticals Inc (ELTP)

[sharkey1]

Were all pissed

[dr_lowenstein]

easy because savvy investor see through puny revenues and punier profits

[namtae]

But who cares?

How, in a business that is growing and profitable, does that happen?

If the exit for Elite shareholders is a buyout, which has been shoved down shareholders throats for some time, then who cares what the price of the stock is, right?

Confusing? lol

[jour_trader]

A good place to start is reflecting on the billion+ outstanding shares for a smaller generic mfr that has just recently become profitable.