Replies to post #379022 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

Big difference between RS to stay on nasdaq vs RS to list on nasdaq

BTW- For those pushing for a reverse split to go on Nasdaq, please look at another generic that recently reverse split to stay on Nasdaq since its price was below a dollar.

[Just give me $1.50]

What the HELL are you talking about?

You LITERALLY just admitted Elite will go UP 30% if we reverse split to Nasdaq.

1. Unnamed company - Position of WEAKNESS - ALREADY on Nasdaq trying to STAY there - Down 30%.

2. Elite - Position of STRENGTH - NOT on Nasdaq but uplisting to GET there - Will go Up 30%.

BTW- For those pushing for a reverse split to go on Nasdaq, please look at another generic that recently reverse split to stay on Nasdaq since its price was below a dollar.

The mystery stock has 30 % institutional ownership and it currently traded around 65,000 shares a day. Since the reverse, it has lost 30 % of its after split value.