Replies to post #73610 on Elite Pharmaceuticals Inc (ELTP)

[peterus]

when bmak is here thats tanking will buye again when he's gone

[rdragon]

We are s above the point where you were going to sell all . At least thats what you claimed day after day for a year.

If you think it is tanking go ahead and move on, some how I don't think that will happen. lol

[tangerine]

Good job Poorme. I have a ton of shares to buy still too. Should I buy 500k or all the way up to a million?

Trial announcement and CRO is knocking on the door. 20 days till November...

Say, can you tell me how many products are pending approval now?

[NBack711]

What is interesting is the low short counts for each day.
30% is not significant.
18% the other day was simply ugly.
The MACHINE loaded up going up and is using the profits of the grind to acquire more shares.

They will grind down until, such time as they meet real resistance.
Honestly, ELTP is undervalued, but not to worry, as there will be two more releases that will gain back some for a time, before November. At least based on past behavior of PR from ELTP.

Really the rate now is simply a matter of resistance verse the MACHINE. The more resistance the slower the grind down.

The more news, the more resistance - and in turn the higher the floor. Someone earlier put out a chart of the past three years and had .5, .8, .12 roughly and that is the long term direction. UP.