Penny Stock Watch

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Hi,

Hope you all had a great day trading. We were able to see many penny stocks going up to the sky while others were sliding all the way down. Well, we will never get used to that since it will always be the same.

Brief, today I want to share with you a penny stock that has been fighting very hard to make its share buyers happy.

This special penny stock is Elite Pharmaceuticals (ELTP)

"Elite Pharmaceuticals is a specialty pharmaceutical company principally engaged in the development and manufacture of oral, controlled release products, using proprietary technology.  The Company’s strategy includes  improving  off-patent  drug  products  for life cycle  management  and developing  generic  versions of  controlled  release  drug  products  with high barriers to entry. Elite’s technology is applicable to develop delayed, sustained or targeted release pellets, capsules, tablets, granules and powders. The Registrant’s facility in Northvale, New Jersey is a Good Manufacturing Practice (“GMP”) and DEA registered facility for research, development and manufacturing (www.elitepharma.com).

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For the past five days it has been trading up, although the average was like a dollar, but it stays on the momentum.

ELTP is waiting on the right time to fire up, and it looks like it won't take long for that to happen. From my researches, I have found that it is a buyer.

This is not a paid promo, it is purely my 2 cents.

I strongly advise you to do your homework first prior to trading with this penny stock.

Good luck trading!

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