Replies to post #87324 on Elite Pharmaceuticals Inc (ELTP)

[richme]

I do not have any disagreement with your thinking. I just happen to track from the highs and not make each down day a separable event from the total picture. To me ELTP was down $.10X and not just $.035 for the day. That it recovered most of the days loss simply means that it closed down $.07 from its 52 week high.