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Re: morg38off post# 56390

Monday, 02/23/2015 4:51:24 PM

Monday, February 23, 2015 4:51:24 PM

Post# of 114734
The reason COHO doesn't do better for their pps is because they aren't that interesting and they have a low float. OTC stocks run on MOMO and buzz. COHO is a good solid company that is profitable, but right now there isn't anything exciting about it. People come in when they report their financials it runs a couple of days and then it stalls because people lose interest. without any catalysts this will do what it has done for the last 2 years. It will trade for weeks with a large bid/ask spread and people will slowly lose patience and dump at the bid. The pps will go back to .001-.002 and then their 10-Q will come out and we'll do it all again.

Sadly, COHO is a victim of being a decent company stuck on the OTC.

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