GREY:COTQF - Post by User
Post by
narinderon Jul 11, 2000 5:09pm
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Post# 2184359
COT Share Price
COT Share PriceI own a large position in COT and have no plans to sell and am not suprised by the downturn...
IMHO:
Its not stock manipulation, Its not because people are dumping due to negative news...simply put the investors who purchased hoping for a quick pop are now selling and moving on to the next feeding frenzy.....just for the record...investors who trade in this manner always lose...they buy too high and sell too low...always hoping to make up their loses on the next play!
For the record COT has huge prospects...I expect to see significant returns in the nex 2-4 months, I believe an aquisition is in the works and this acquistion will have a positive impact on the share price... patience is a virtue...if you are expecting quick returns, risk averse, can't handle price volatility my advise would be to sell and purchase a nice diversified mutual fund...I myself believe in high risk/high return ...I have thoroughly investigated this company, invested $20,000 in this company and am very confident that I will do extremely well.
Just my opinion