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3 Oct

Monday October 3, 2011

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Looks like we’ll start red this morning with futures pointing down. Good news for us is that we’re pretty much cash and will be able to jump on some shorts today.

Riding 6k COOL at $2.07 with a long term goal of $1 per share. Need to make sure it holds $2 or $1.60 is very possible and we don’t want to ride that hoping for a reversal. Instead we cut the loss small and buy back at support. Right now it’s $1.99 x $2.00 PM so let’s see how that holds up. The SeekingAlpha article hasn’t had much impact but I tend to agree with his assessment so we’ll see if a move back up this morning against the grain is possible.

Still working on the new website, I’m sincerely sorry it’s not finished on time as promised, but my programmer is swamped and there is nothing I can do without his help. I’ll keep you posted, possibly the middle of the moth, worst case November 1st.

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