Elite Pharmaceuticals Inc (ELTP): I was reading a stack and immediately th... (2024)

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I was reading a stack and immediately thought of ELTP when reading the below.
-removed company names and replaced with Xs, insert ELTP where appropriate and any other pharma where appropriate : )

Remember XXXXX also was heavily shorted, and their stock went basically flat until they ramped up production. Shot up pretty fast once the shorts got pushed out. The longer the base the bigger the breakout. XXXXX didn't have a pr department. They just said watch us work and they pushed out xxxxx being outsold by their product worldwide.

Who else has been quiet working and not giving out any guidance. But instead went from negative earnings to positive.. the longer they keep XXXXXXX down the harder its going to rocket. They can't ignore a profitable company with billions in their war chest. XXX much like XXXXX will have its day in the sun soon.

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