Coda Octopus Group Inc (CODA)

[Kaad_g]

Two reasons CDOC is not much higher.

1) They don’t pump their stock. Look at all the scams companies that pay for one or two week promos and their stock price sky rockets. Most people know they are scams but they enter the stock because they know others are going to enter, hence the price increase. They make their quick profit, then get out.

2) They are on the Pinks. A lot of investors won’t touch a pink sheet stock, and for those that do, 10 cents is a lot of money to spend on a stock for most pink players who are used to paying sub-penny prices. That’s why it’s important to know that CDOC will be filing audited financials by this fall (according to their quarterlies); when that happens, there’s going to be a lot of new investors (with money) in this stock, so the price could go up dramatically.

As pink sheets go, this is probably one of the best stocks out there. They're not likely to go back to sub-penny again; they’re making money, and they plan on going back on the OTCBB. As many have said, be patient, it will happen.

I know many out there like to sell now to have their money work for them elsewhere, then try to get back in before another run. The problem is that it could pop before they get back on the OTCBB. Now that they’re profitable, they stated that they will spend more on marketing their product. You never know when they might land a big contract before this fall.