Replies to post #17423 on Elite Pharmaceuticals Inc (ELTP)

[Steges]

Any chance this is a concerted effort by those who would be forced to convert by it staying >.15

[packerfanbud]

I agree with your trading philosophy. I'm a DD person and I'm long on ELTP because of what I believe to be a solid future. I'm also flipping shares a long the way only to increase share count, but I'm admittedly not that good at it either. I've done ok, but bad timing means I'm leaving a lot on the table, particularly this last run. I expected upward movement once the PR came out, but it was mostly a direct sell. I'm not concerned one bit because I know there will be many more opportunities along our way as ELTP continues to build value. Although, becoming a better trader will allow me to substantially increase my overall investment without risking more money.

[richme]

Hank, you hit on a good point that goes contrary to every DD'ed by posters accounts. If ELTP is such a great and wonderful stock to own why is our own hedge fund dumping or do you thing may be dumping? Is it an issue where they want to dump dimes to keep from earning dollars as is so often authoritatively suggested by the self proclaims analysts on the Boards?