Replies to post #90292 on Elite Pharmaceuticals Inc (ELTP)

[kennyt 335]

I was told most have to lose money to get better, when l started trading l lost quite a bit on a financial but l won small on a couple, if you hold that 30, 000 for awhile you will be able to put some back and put alittle in an account and trade but once you lose you become alittle more savvy!!! Gltu, as you l would have much more shares if l hadn't lost back then!!!

[lasers]

Good feedback.

[kennyt 335]

One more thing Penny Monsta, if l were to give up back then and l must say l thought hard about quitting but if l did l would not have found Elite!!!

[Couch]

Jango has been a mostly quiet supportive ELTP long for quite some time.....he was buying rather large chunks of shares when the PPS was well below a dime.....and threw out his bid numbers prior to buying them for all to see....not sure why you mention it was excessive???......the man must be rolling in ELTP $$$$$$ at this point. Good for him. I am pleased. Savvy doesn't begin to due justice.

We all buy what we are willing to risk. I sold many a position in other stocks I owned and put that cash into Elite. Risky....of course.......but so far it has paid off handsomely.

Elite still has a ways to go but 15 ART drugs.......and they haven't gotten through one FDA Phase III trial yet.....plenty of risk left.......but plenty more reward IMO as I believe management has done an excellent job of navigating our and their own risk since more than respectfully since 2011.

Best,
Couch