Stock Market Alert - COOL Rises, Then Falls

Posted on Tuesday 30 January 2007



Stock Market Alert - COOL ran up on Monday in anticipation of a strong earnings report, adding on almost 16% in heavy trading (over 800k shares traded versus normal daily average volume of just over 86k shares traded.) Investors bid up the shares in anticipation of the companies Q4 earnings report. After the company reported their Q4 earnings in the afterhours session on Monday, the stock fell almost 5% to finish up the late session at $1.95. As of the close of trading on Monday, COOL had a market cap of nearly $50 million dollars.



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