Your answer is here.
I made that post to get a feel for what the mind set is at the drop of the 200/1 reverse split.
The RS does NOT make me unhappy, in fact the opposite. Here was the comment made.
Yeeee HAaaaa!!!! I am just loving this.
There is nothing wrong with your screen.
We will control the horizontal.
We will control the vertical.
Coates "COTED" will transmogrify the Internal Combustion Engine market for as long as you live.
Some folks did not have their .0002's fulfilled and are happy.
Just wait awhile and try not to curse that non-fulfillment someday.
Just like Christmas!
A brief history of one of my good investments. Bought shares @ $5 then lost value. At least used as a tax write off. Later bought same again at $3 then lost value. Tax write off again. Then bought a massive load at $1.08 now up over 400% and holding for over $80. It took over ten years to learn the stock and a very reputable small company against the perils of the FDA.
I consider myself 'in the loop' on certain investments and those loops often have serious downsides. That is what makes it fun, interesting and rewarding when it hits. I am loving the long ride because I know the product, have met the GC, really delved into the science with the man and have had good communication at a time.
I have no intention of bolstering his credibility to anyone and have never ever cared whether or not people believe my commentary. I make a very nice living while some folk just cannot get out of their basements other than to make some sort of meh comments. Those folks really make me laugh before I cut them out of my reads..
I will make money on COTE or use it to offset making money's taxes. If you have "lost money" you do not have to average down, just walk away. If, on the other hand, you want to be a real investor, take the risk. Some were happy they could not get the deal they wanted. They did not walk away.... they let opportunity walk away and may not regain that fulcrum in their mind.
Nothing I or GC have ever gotten has not been without blood and money on the floor. It is a tough slog and most people can hack at others but succumb to the grind themselves. GC is not one of those, nor am I.
I will hold while others fold.
