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Re: stevedakota post# 786

Thursday, 06/21/2012 4:56:43 PM

Thursday, June 21, 2012 4:56:43 PM

Post# of 1711
Not to be contrary, but it did trade that 100K block this morning. You're right though, just about all the trades look like they're being done by kids learning how to buy and sell stock. No one makes or loses anything holding 100 shares. It's a real waste of time and money doing that.

The big block of 116K shares finally got sold out, then, just to make things bad again, someone put up about 30K shares to be sold at .80. That kind of messed things up.

Just to sum it up, the bids just aren't there. No one's interested, and Coats' dog and pony shows are a flop. The company keeps on firing blanks. Nothing of any substance.

I asked my broker about the stock, and he was impressed with the insider buys until he looked at the insider volume. Need I say more about that?

I will say that he's never said anything bad about the stock. Actually, he was kind of impressed with all their progress.

stockdoc