Replies to post #387417 on Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

You think there's only gonna be three needle movers? Lol

[imanjen13]

My guesstimate is based upon Elite doing $50M in revenue this fiscal year up from $32M last year. Once the one or two "needle movers" are launched and the gross revenues are around $100m, I can see the $1 price you believe is possible. Chances are the company is sold before that. If not, we go on Nasdaq without the reverse.