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michael t

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michael t

Re: michael t post# 116484

Wednesday, 08/05/2009 10:05:57 AM

Wednesday, August 05, 2009 10:05:57 AM

Post# of 173982
COT picked up some shares last night at 5.36

COT posted a blowout quarter of .48/s(including .12 tax benefit) and proceeded to sell-off dramatically. The sell-off appeared to be related to the Company's announcement of a secondary offering.

Last night the Company announced that the offering was priced at 5.3 with a total of 9.4m shares. With the offering out of the way, I'm hoping the stock will trend up from here.

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