Replies to post #377191 on Elite Pharmaceuticals Inc (ELTP)

[imanjen13]

Resistance at 4 cents. obviously. It will be over $4 eventually but only after the reverse split which NH will do when he is ready to list on Nasdaq. There is a big difference between a reverse split to qualify on Nasdaq and a reverse split to remain on Nasdaq as LCI should soon discover.
Hopefully the stock will trade at .15-.20 presplit before it decides to go on Nasdaq. Then a 1 for 25 would translate to a $5 stock.