Coates International Ltd. (fka COTE)

[stay long]

OK, that means you will gross $200 on the transactions less commissions. Remember, on trading penny stocks, the Maker gets .005% of the total dollar value of both trades and you have to add your broker's fees to that. If you are lucky, you might turn just under $200 profit.

Also, consider your tax liability if you buy additional shares at a lower price less than 30 days after the sale and the stock price goes even lower. If that happens, you will be upside down on your purchase in addition to owing taxes on a short term capital gain on the difference. Dangerous stuff. I am not a tax specialist and am not offering you advice. Just my opinion and my experience. Ask your tax adviser.