Be patient is my advice. This company only puts out pr's when they have something material to talk about. This is not one of those fluff type pump and dump stocks that the day traders like to play. Elite has products on the market right now that are generating good revenues. These revenues are on the rise and should only get better as time goes on. The deal that they struck with Hi-Tech will also generate revenue for the work that Elite is performing with ceratin milestones and royalty payments. They have 3 more drugs sitting at the FDA as we speak awaiting approval. This is a real comapny that should begin making some real earnings, maybe as early as this year. I don't see any future dilluting that I am worried about because they don't need any money to survive since they are living off of their revenues. I think it could dip a little here and there but I think it will rise slowly over time. I threw $25,000 at it, that is how optimistic that I am. I think that when all is said and done, we could be at .10 cents after earnings are released on Feb 14th, .25 cents by second quarter if the economy continues to repair it self and we have a posotive pr or two, and if all goes well, we could be at .50 cents in a year or so. I'm going to keep an eye on it every day, but I'm not going to become frustrated with every tick up or down. My suggestion is to hold for the long haul but always do your own DD. Good Luck.
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