PRZOOM - /newswire/ -
New York, NY, United States, 2011/04/12 - After careful consideration of the end of day data, looking at both dollar volume and percentage gain, we have made a decision on the winning penny stock of the day.
198 E:s were sorted, consolidate and added to the Rumble today.
The winner for the day is Elite Pharmaceuticals Inc. (ELTP.OB)
Last Trade: $0.1970
Price changed: $0.0795
Percentage Gain: 67.66 %
Last Close: $0.1175
Volume: 55,863, 763
Estimated Dollar Volume: $11,002, 561.00
Congrats to Top Stock Pickers: Cool Penny Stocks, Penny Invest, Mad Penny Stocks.
About Elite Pharmaceuticals Inc. (ELTP.OB)
Elite Pharmaceuticals, Inc. (Elite) is a specialty pharmaceutical company principally engaged in the development and manufacture of oral, controlled-release products, using technology. The Company has two products: Lodrane 24 and Lodrane 24D, being sold commercially. It also has an approved generic methadone product developed with its partner. The PharmaNetwork. Elite manufactures two once-daily allergy products, Lodrane 24 and Lodrane 24D, that were co-developed with its partner, ECR Pharmaceuticals (ECR). The products are being marketed by ECR. Elite’s revenues for manufacturing these products and a royalty on sales for the fiscal year ended March 31, 2010 (fiscal 2010), aggregated $3,339, 870. Elite co-developed a generic methadone product that was approved in November 2009. Elite is also preparing for the manufacture of this product at the Facility.
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Penny Stock Rumble (pennystockrumble.com) is a FREE stock trading tool focused on the penny stock market and stocks that are under $5/share. We track and follow over 600 stock pickers each day and consolidate those stock picks into one convenient location. The Rumble Ring includes the day’s stock picks from your favorite stock pickers, as well as news modules, chat community, and market data (delayed 15 minutes). Our goal is to help the penny stock trader get the edge back in their game, and their portfolios.
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