3SOF

My question is whether or not the fire will rage out of control for a while or will it burn itself out and the PPS return to normal?

I purchased a goodly number of shares between $0.30 and $0.40 when I thought I was about the only buyer over the last month.

I thought at some point, there would be some movement and if the technology worked out, then the price would gradually run-up.

What I didn't expect is a dramatic rapid rise.

Coates International has a new technology that if it works out and is commercialized will make ALL internal combustion engines more efficient and therefore get better gas mileage. In addition, it reduces operating costs because motors using coates technology need fewer oil changes. They also produce less emissions.

Coates has a great story, just not much sales yet.

http://www.coatesengine.com/

 Hello all.  , I am new and have been watching COTE.OB ( Coates International Ltd. ) for 3 months and want to get some opinions on what you all think about this stock.

The company makes engines and engine applications to meet the needs of tomorrows eco free and gas friendly combustion engine equipment.  Coates was in research for quite some time and has come forth with a legitiment engine that is cheaper, has less parts, requires less maitence, uses less fuel, and runs on various fuel types. This engine could soon be a "now" solution for some eco problems. The company has already signed contracts to ship there engine when final production is ready. Coates has also secured the financial capabilities to ramp up production and has let the public know it should be in the next 6-12 months.

I noticed COTE.OB showed up on the boards once before and was not replied to. I think this stock deserves a look by someone more experienced and hopefully some people can post their thoughts .

http://www.coatesengine.com

Thanks for listening.

Break of the down trend line.......BreakOut 

Falling Wedge (Reversal) Pattern.......
The falling wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout.

The falling wedge can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns.

As with rising wedges, the falling wedge can be one of the most difficult chart patterns to accurately recognize and trade. When lower highs and lower lows form, as in a falling wedge, a security remains in a downtrend. The falling wedge is designed to spot a decrease in downside momentum and alert technicians to a potential trend reversal. Even though selling pressure may be diminishing, demand does not win out until resistance is broken. As with most patterns, it is important to wait for a breakout and combine other aspects of technical analysis to confirm signals.

Two threads created on this pick but nothing ever posted to
either one.


"COTE.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                      
All history on a stock pick in 1 thread is awesome.                                                        
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                                   
Thank You....and good luck with all your trades....make some $$$           

Press Release Source: Coates International, Ltd.


Coates Completes Development
Thursday October 18, 1:45 pm ET


Coates to Deliver Third CSRV Engine


WALL TOWNSHIP, NJ--(MARKET WIRE)--Oct 18, 2007 -- In a landmark achievement in the history of Coates International, Ltd. (OTC BB:COTE.OB - News), George J. Coates, Chief Executive Officer announced the completion of the development of its natural gas powered Coates Spherical Rotary Valve (CSRV) engine for incorporation in electric power generators. We have now developed and tested the 855 C.I. Industrial six cylinder CSRV engine and are making plans to commence production shortly.


Equally important is the letter we transmitted to Well-to-Wire Energy (WWE) today confirming that arrangements are being made for Well-to-Wire to collect the third CSRV engine provided for in both our research and development and our licensing agreements. These agreements provide for up to a 90-day testing period in the field, immediately after which fulfillment of the first purchase order from WWE shall begin. WWE intends to deploy these engines for use in generating electrical power to operate equipment in oil fields throughout Canada. Results of the independent testing of the newly developed engines met or exceeded all of the specifications in our research and development and licensing agreements with WWE.

In addition, at that time, the Company will have satisfied all conditions for earning the balance of the fees pursuant to its research and development agreement amounting to $3.8 million and the balance of the fee provided for in the licensing agreement of $4.7 million. These events will also trigger the minimum annual quota under the licensing agreement, which requires that WWE purchase at least 120 engines per year in order to maintain exclusivity as the sole licensee for the territory of Canada.

The Company will now concentrate on its next missions in negotiating new license agreements and, of course, our production schedules.

About Coates International, Ltd.: Coates has just completed final refinements to a patented spherical rotary valve CSRV Internal Combustion Engine developed over a period of more than 15 years. The underlying CSRV technology was invented by George J. Coates and his son Gregory. The CSRV system is adaptable to combustion engines of many types. This technology is currently adapted to a number of practical applications, including industrial generators powered by engines incorporating the CSRV technology and designed to run on flare-off gas from oil wells, landfill gas and raw natural gas. The Company is actively engaged in planning for production and rollout of these engines.

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include market conditions, regulatory approvals, and other risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.


Contact:
     Contact:
     Coates International, Ltd.
     Susan Alpert
     732-449-7717
     [email protected]
     http://www.coatesengine.com
     
--------------------------------------------------------------------------------
Source: Coates International, Ltd.

News good for another nice up day !

Support @ 0.56...0.48...0.33
Resistance @ 0.85...0.95...$1.05

MACD is Bullish

Recent CandleStick Analysis
Bullish
Oct-16-2007 Bullish Engulfing 

52wk Range: 0.17 - 2.05
Volume: 1,533,941
Avg Vol (3m): 193,874