Replies to post #83691 on Elite Pharmaceuticals Inc (ELTP)

[Couch]

Yes I agree Conix I am right on this one. People do actually retire off penny stocks like ELTP and don't have to trade them. Notice the lack of question mark.

http://money.msn.com/top-stocks/post.aspx?post=f31d0125-0818-47f7-87d7-cad7848d0a7f

While penny stocks have a bad reputation, all of the risk does not come without the potential for massive reward -- even if it is rare. Here, we highlight 10 stocks that at one time traded under $1 but have subsequently exploded higher, making investors a boatload of cold, hard cash. The list includes a former penny stock scam which miraculously turned into a successful apparel company, formerly successful businesses that collapsed only to be resurrected, and tiny companies whose "big idea" hit the jackpot.

[DR Ryan]

Looks like couch was right. People do indeed retire from buying and holding penny stocks.

Might not be common but foolish to say it NEVER happens and never will. ELTP will be added to the list in the future.