Replies to post #380208 on Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

They have the cash. they should start buying up shares once they get a foot down in the market through their own distribution. But they have so much cash, they could buy probably half the float. maybe all of the float. but they want that operating capital. then there's the tax benefits which is basically a massive asset. cash and that asset is probably close to the market cap...

that's how undervalued this is.

[Makai63]

Recheck your math to achieve $10