$COOL was one my closely monitored pennystocks. $COOL has lost 50% of its value during the last 2 months. The company is a leading developer, provider, distributor of video games. The stock experienced unbelievable gains throughout 2010 when it released several best selling video games which include Zumba.The company has no debt and is on pace to significantly outperform 2010. From technical standpoint, chart looks perfect for a nice breakout through the resistance at around $2.60. It might be very well possible that the breakout actually happened today.
Backtested Symbol: $COOL
Strategy: Pennystocks100 (5 min chart)
Period: Aug 29, 2010 - Aug 29, 2011
# Win: 2
# Loss: 0
Winners: 100%
Profit-Loss%: +5.02%
Backtested Symbol: $MILL
Strategy: Pennystocks100 (5 min chart)
Period: Aug 29, 2010 - Aug 29, 2011 # Win: 0
# Loss: 0
Winners: 0%
Profit-Loss%: +0.00%
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