Replies to post #393610 on Elite Pharmaceuticals Inc (ELTP)

[DSherman]

He is actually correct. You are competing against big money happy to make a fraction of a penny or a smaller % daily going up and down every trading day and could care less if Eltp ever makes it above 20. They make a lot more money with a low pps as the % of each tic is much higher. This is what’s necessary to create the trading equity in any stock.

[mrwrn2010]

Hopefully a lot closer to 1.50 than .50 lol, but agree with the sentiment

[IB_]

"All they have to do is wait it out until the company is sold for 50 cents to $1.50 minimum." ??????????

Do you mean, " All they have to do is wait it out until the company is sold for $1.50 to 50 cents minimum." ??????????

IB_