Replies to post #384355 on Elite Pharmaceuticals Inc (ELTP)

[Omegaguy567]

I wouldn't mind a buyback a little further down the road. Play is probably more wait and see, I'd rather have long term profits

[The ELTP King]

I'm on RECORD in the past stating we don't even need to actually implement the buyback.

JUST announce the buyback in a press release and 8-K.

The announcement ALONE will make the stock go up.

It will ALSO give Elite FREE press and will get people to notice that Elite is undervalued and will draw in new buyers.

So again, we wouldn't even NEED to actually implement the buyback.

So it's the best of BOTH worlds. Stock goes up AND Elite gets to keep their cash.

How the HELL does Nasrat not understand this?


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