Replies to post #382275 on Elite Pharmaceuticals Inc (ELTP)

[pentacle]

“Creating a synthetic stock position is legal, and due to restrictions on short selling, it can be cheaper than buying a regular stock position. “

[IB_]

They did not want a million shares .......... It was placed by the MM "NITE" and now it's gone ............... They also had shares for sell in the $0.04's ... The bid was placed in hopes of getting some buyers excited enough to push the share price up to "NITE's" sell price !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It was a FAKE bid,

IB_