Replies to post #384414 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

The CEO admitted he didn't know how positively or negatively his profits would be affected going forward

Surely not a recipe for RS or much else other than keeping his fingers crossed

Wow the CEO is doesn't know

[namtae]

The CEO may be planning to sell his substantial equity position to private equity firm, who takes Elite private

Nice cash out for the CEO at minimal cost to the buyer

Very possible