Jeenarine Narine, Director at ELITE PHARMACEUTICALS INC /NV/ (ELTP), sold 304,679 shares at $0.41 ($125K) on 2014-04-02, disclosed to the SEC on 2015-05-13.
Seasonal sale ($125k) by Director — this insider has traded ELTP in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.41 | 157,012 | $64K | 51.5% |
| 2 | $0.41 | 147,667 | $61K | 48.5% |
| Total | $0.41 avg | 304,679 | $125K | 100% |
| Filing → |
| ELTP | SELL | 2014-03-31 | $82K | — | Filing → |
| ELTP | SELL | 2014-03-17 | $144K | — | Filing → |
| ELTP | SELL | 2014-03-10 | $1.4M | — | Filing → |