Replies to post #389933 on Elite Pharmaceuticals Inc (ELTP)

[kennyt 335]

In it to win it with all longs glta

[Dr Speculator Ninja]

Accurate. They did it when we breached .10, and then it broke quickly to .15. Now it will follow the same pattern for 2 weeks until the next leg up. Look at the 100 day chart, it's clear as day.

[imanjen13]

The recent move up in the stock occurred with the addition of three new market makers who have been active on Level 2. CFGN,PUMA , ASCM.
Prior to this, the principal MMs have bee CSTI, CDEL and ETRF My theory is that the new investor(s), propelling the 40 % move up utilize the three new MMs for their trades.

Lots of false MM signals today on Level 2 including a sudden offer to sell 900,000 shares at .049 to scare away buyers and a posting of 1SHARE sold at .14471.

The close today may be interesting.