Yes, interesting day to say the least. I'm a littl
Post# of 3601
Posted On: 07/27/2016 4:59:02 PM
Yes, interesting day to say the least. I'm a little concerned that we haven't heard anything yet regarding a China deal inked. The other side of me assumes the China delegates most likely had other meetings to tend to in the states which could extend their trip by a couple weeks or so. One potential corollary of this "successful" meeting is the fact that George seems to be getting his ducks in a row is a very positive sign.
From a share price standpoint, if Coates gets a large deposit and guaranteed production out of China packaged in a seemless PR you will almost certainly see this stock hit the pennies threshold in one day. In other words, the SP could go up thousands of a percent. However, if the next PR is more snooze news or forward looking I do believe you'll see the stock fade into oblivion.
From a share price standpoint, if Coates gets a large deposit and guaranteed production out of China packaged in a seemless PR you will almost certainly see this stock hit the pennies threshold in one day. In other words, the SP could go up thousands of a percent. However, if the next PR is more snooze news or forward looking I do believe you'll see the stock fade into oblivion.
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