Replies to post #3182 on Elite Pharmaceuticals Inc (ELTP)

[Hike]

I have just 50,000 shares. This goes to $1.00 I buy a new car or pay down my mortgage a bit. I lose it all I lose only some of it as I'll get a write off. I've been following this stock for a long time. I once owned it when it was over $2/share based on purely speculative value. Now they actually make money and have a real business plan to fund their R&D. Want to know where all the profit went last quarter? Right into more R&D and expansion of facilities. Look at the numbers. Think about that.

[dr_lowenstein]

You were right about the massive debt, bit not the pps.