ELTP has been at a standby and decline mode of activity over the last many months. Investors are getting sick and tired of waiting and the haters are here, barfing their spin and in essence kicking the man laying down and bloodied from all the lack of information and positive news.
BUT there is hope ...
right?
Here is the one year chart....
and here is the last year of news released by ELTP:
See any correlations? No news is bad news for this company, and while you see the reporting (that's a good thing, right?) - there's no meat being given. Nasrat has been awful in his tenure with the company and many are wishing a way for the old ELTP management. Sure things were tighter, and loans were flying around, but there was a sense of urgency and there was progress and the investors were feeling much more part of the scene. Look for more PRs by ELTP in upcoming months. This price is no where near the "dollar-land" promised by Nasrat and the investors want something they can chew on. Free advice for a company I have had my eyes on for years.
BUT there is hope ...
right?
Here is the one year chart....
See any correlations? No news is bad news for this company, and while you see the reporting (that's a good thing, right?) - there's no meat being given. Nasrat has been awful in his tenure with the company and many are wishing a way for the old ELTP management. Sure things were tighter, and loans were flying around, but there was a sense of urgency and there was progress and the investors were feeling much more part of the scene. Look for more PRs by ELTP in upcoming months. This price is no where near the "dollar-land" promised by Nasrat and the investors want something they can chew on. Free advice for a company I have had my eyes on for years.
