Replies to post #383982 on Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

Assuming you are not just another here for theatre.....

there is a team of folks here like pretty much every board that has shorted the companies heavily. the vast majority of OTC companies suck. like 95% of them. Toxic financing/heavy dilution. So they run these up and then short the crap out of them. Quite often out of existence. Elite walked this line for years. There is 1B shares OS. but that hasn't changed in years. So they still are carrying a pretty large bag I suspect. or their bosses really.

So because I am positive on the company. Literally all the metrics show the company to be extremely undervalued, they call me a plant. cause I call them short working for a overseas hedge. or at least they are overseas themselves and I am betting that the person with their finger on the button to naked short or regular short the shares is overseas too but it is possible they are in the US.