Replies to post #376570 on Elite Pharmaceuticals Inc (ELTP)

[IB_]

"IF" this is what is taking place with ELTP shares ............. Who in the hell would think NasRat would try and do anything about it, when it clearly benefits HIM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

More shares for NasRat every year ...... A CEO with integrity, would have taken action years ago, but after clearly stating that the share price would not trade in the $0.02's and now here we are. In my opinion, NasRat is conning us with his BS statements and has been ever since the "No One Will Stop Us" BS concerning Elite's ART,

IB_

[hyder]

N2K, do you remember me asking the same question when the NWBO lawsuit came into light? I see the similarity and same kind of postings on both boards.
I NH should join the suit.

[WeeZuhl]

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!

6/29/22 -Sabril approved (sold off for unknown amount)
4/4/22 - Doxycycline approved (status unknown)
12/12/19 - Adderall XR (never gained market share, ANDA now half owned by Mikah)
9/12/19 - Tylenol w codeine (discontinued)
12/10/18 - Adderall IR approved (fired by partner, ANDA now half-owned by Mikah)
11/20/18 - Norco approved (sold off for fraction of development cost)
8/6/18 - Methadone approved (sold off for fraction of development cost)
7/10/18 - Percocet approved (sold off for fraction of development cost)
2/2/18 - Phendimetrazine approved (discontinued, already owned ANDA for same drug)


When the batter is hitting .150 and then they get a squib infield hit off a scrub reliever in the late innings of a lopsided game, the cheering from the crowd is mostly sarcastic.

.

[mrwrn2010]

“where traders place orders with an intent to fool other investors about a stock’s demand and manipulate the price by removing the offers”

I have 100% seen this with ELTP on multiple occasions. Look at Level II, place a bid and watch the other support orders fall out from under you. It’s so fast that it must be automated and/or algorithmic in some way.

[Jimmy Joe]

Citadel, the market maker can obtain and probably has obtained exempt fake shares from the DTCC CNS program with which to attack tickers. They and others have done so with countless stocks. Trade a few shares, with their unlimited supply of fakes, between themselves either barcoding the stock price or using short ladder attacks to take the stock price down even in the face of MASSIVE BUYING PRESSURE. It doesn't matter that the trend should say UP with buying pressure even if the Company has fantastic news.

And the SEC aka Gary G and FINRA see nothing happening. Retail has exposed them and the SEC does nothing. DTCC, the regulator doesn't care as long as they get paid for those exempt fake shares borrowed from the CNS program.
All in my opinion.

Think the Sammy Bankman Fried FTX situation is unique~? Better think again. CANNOT wait to hear what Sammy may divulge in order to get a "deal". Cannot wait to hear what players are involved in the FTX debacle. Care to guess~? LOL~!

Companies like Elite get cleaned out on a regular basis, while the SEC is supposed to enforce and protect our investments. These investments are supposed to encourage companies to grow and innovate. IT IS HOW OUR MARKET IS SUPPOSED TO WORK~!
But greed has taken over for decades now. New algorithm trade programs are programmed to make the rich richer where retail investors get shoved to the side and pissed on by the greedy, like Kenny G.

Elite could strike GOLD and their share price would be squelched. It doesn't matter the US stock market is so corrupt. Thank the greedy Banks who have plundered everything and continue to rehypothecate debt with more debt. Already banks are MASSIVELY OVERLEVERAGED~! If in an ISDA bank get your money out soon. Not financial advice, just common sense. More ISDA grandfathered derivatives contracts are coming they have to re-collateralize. 6-month time frame is March. Phase 6 IS WORKING~!

$ELTP baby~!