Replies to post #384640 on Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

He's pretending to know everything but it's paper thin. Like talking about a loan for 4m when they have total of 9m cash. Of course begs the question...why do they need $4m now if they have $5m now?

It's been the most obvious question for awhile. Answer of course is to make shit tons of drugs and run more trials

[jour_trader]

Psst. I’ll let you in on a secret. Here is another reason why Elite’s stock is so low. Growth stocks are compared Y/Y and Q/Q. That is what investors look for - continuous sequential growth.

In addition, Q/Q shows latest business comparison with last Q with Lannett and first flying solo. Can’t find a better comparison than that. LY may include contacts that they don’t have anymore or simply different business. It’s older data.

Just don’t tell anyone. They might think you’re on to something.