Personally I've been in favor of an RS because it makes sense with the offering. I've been in COHO for a year now, and this small RS coupled with a potential big acquisition should make the stock very attractive.
Plus since we already were way undervalued and trading at a low pps for a while before the RS announcement and with the panic selling that drove the pps down way further, the post split has a potential larger upside afterwards IMO.
My posts are merely my opinions, sentiments, and speculations meant for chat with other traders who understand the risks of trading. I am NOT an expert or psychic. Treat my posts as entertainment NOT as advise. Trade at your own risk.