Coates International Ltd. (fka COTE)

[animaljive]

I think that this company has a very strong chance of doing well in the long run, but I don't share your optimism around bottoming out. If openly stating that they have 150MM in pending orders doesn't keep the stock from dropping, what could possibly keep it up over the next several months waiting for any real evidence of shipments? Just seeing the response from the two recent PR's makes me believe that even a PR stating shipments have been made won't do too much. Revenues are going to have to be shown on a 10-Q or 10-K before it moves up.

Not bashing the stock or company, just my thoughts. I got out Friday, but i'm definitely keeping an eye on it. Hope the longs make some serious cash here though.