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Coates International COTE
Posted On: 05/26/2016 2:28:33 PM
Post# of 3605
Posted By: pmach64
Re: grubstake #860
I have been wondering if George's favorite part of the whole company is really just inventing, tinkering, and engineering. He may be perfectly happy just getting to the shop and learning and experimenting. He will work on his inventions until he drops because that is the part he loves. He might not have the "By God I am going to build the most amazing and successful business ever!" mentality that we as shareholders would like him to have. He's got cool ideas and he has taken them to the 90 yard line but I wish he would get help monetizing them. I am long 400k shares since May 2015 and had 2 solid chances to get out, but I didn't because it seemed at the time that there was so much potential for these products. So basically my trade has turned into an "investment". I may add a bit more here and then let it ride and hope for the best. My time horizon is about 20 years so a lot can happen if this thing turns around. I am happy to hold this as an investment, but it sure feels a lot better when investments go up in value!













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