Replies to post #379906 on Elite Pharmaceuticals Inc (ELTP)

[imanjen13]

The 20 cent number represented his belief of the current fair market price of the company not the takeover number.
The future price action of this corporation obviously will be controlled by the ability to market and self distribute Adderall, as well as developing another blockbuster generic.
Hey be happy you don't own a "safe" haven stock such as a regional bank. Just ask someone who bought First Republic on Feb 1 at 143. Last trade after hours 2.33.
Last week looked like stock was under accumulation based upon a nice uptick in volume.

[NASDAQ2020]

Nasrat Has another Basket or two up his sleeve
Monsters are coming
Release the Kraken Nasrat

ELTP

[The ELTP King]

That .40 valuation, which as you stated was the lowest possible valuation, was with the ART products.

The ART products are currently dead except for SequestOx.

Unless Nasrat can find a way to bring it to market it is also dead. (We need Pfizer's help)

What the hell is wrong with the CEO ?????????????????

Many years ago he talked about "Dollar Land" and going on "Nasdaq" he even gave us timelines ............ Why did he drop to a $0.20 share price, that's half the price of the lowest estimate of $0.40 ???????????????????