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Re: WallStreetReports101 post# 1928

Monday, 01/09/2017 2:17:43 PM

Monday, January 09, 2017 2:17:43 PM

Post# of 2036
Yes, it had a run up I see right before the announcement. You're right, usually there is an average price defined when the deal is being negotiated. So, bad timing for some, good timing for me perhaps.

What's the deal with the Wilson leaving this month? Was there an announcement on this?

Also, there is some scuttlebutt over on the yahoo boards about .10 shares being bought by Texas insiders last year. Anything to those rumors?

One thing is for sure, this company and it's management has burned thru a lot of cash. I haven't calculated their burn rate, but if sales don't accelerate shareholders will see dilution again via selling cheap shares.

Disclosure: Long COYN with 30 day GTC Stop in place.

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