ELTP is a long term hold. Check out the IHUB message board for great DD. I've been a holder since March 2011 at .07. Annual earnings reports is scheduled to be released around June 30 or so where there expected to announce cash flow positive and profitability. It's a great turn-around company that used to trade in the dollars per share range a few years ago. Now under new management and doing a great job.
For anyone that's interested, at least keep an eye on it. Once they get a partner to cover the phase 3 trials for ELI-216, we could easily see .30-.50 on that alone.