Replies to post #376562 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

What a bunch of nonsense LOL

Naked shorting is so easy to prove, yet all we read about are wild claims cause someone read a blog on the subject lol

Balance sheet has been CFP since when~?

I would love to see a balance sheet that is CFP LOL

A balance sheet doesnt record or demonstrate CFP rofl

I just love reading penny stock investor comments

[cuggegrosse]

Very well thought post...shorts can distroy almost any company.. but it hasn't stopped the "RAT to stuff his pockets with shareholders' money !!!!! I bet u that in the back of his mind the company is for sale and he is taking his sweet time to do so while he keeps getting more ml shares in his pocket,,,jmho

[no2koolaid]

How does a company get an approval and see its share price go down and drive the market cap lower than annual revenues and people say - Nothing to see here!

Well, one company experienced enough of it and, just perhaps, what they have in their lawsuit may foretell some of what frustrated shareholders see with Elite.

Here it is...NWBO...

Here’s the skinny. The company is accusing Citadel Securities, Susquehanna and “other Wall Street firms of driving down its stock price through a series of illicit trading tactics.” It also includes Canaccord Genuity, G1 Execution Services, GTS Securities, Instinet, Lime Trading and Virtu Americas.

According to the Wall Street Journal:

“In a lawsuit filed Thursday in Manhattan federal court, Northwest Biotherapeutics Inc. NWBO alleged the market makers had repeatedly engaged in ‘spoofing,’ where traders place orders with an intent to fool other investors about a stock’s demand and manipulate the price by removing the offers.”

Hey Elite investors, does the action sound familiar?

[Trend-Setter]

Effects of Phase 6 kicking in??? Looking at SVB Financial Group (SIVB) is a total mess!