Replies to post #389696 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Large investment firms and funds can’t you can this, but small firms may dabble in ownership. Will be interesting to see if any new ownership filings take place for the quarter.

[mrwrn2010]

He did also say buybacks would be on the table after debt was paid off. I do hope your 6-12 months is accurate but wouldn’t surprise me to see it take a little longer than that.

[The ELTP King]

Nasrat's goal is $1 minimum and he's not going to stop until he gets it.

He's has repeated this in multiple conference calls.

So as soon as a company offers that up it's game over for Elite.

- the CEO is here only to get the company healthy enough to sell. He has repeatedly stated he sell as soon as he gets what he believes is a good offer.