Monday, January 29, 2007

CTEX ALERT

CTEX has been acting horribly since being added to the portfolio. It's down 32%, and if it closes below .0042 today, we'll exit the position when the market open in the morning, as our 40% trailing stop will have triggered.

The earnings and outlook for this company still are strong, so I'm not having second thoughts here... although the market sure seems to be. As I said in the original recommecndation, this is a play for speculators only.

Stay loose and be prepared to cut this one loose in the a.m. No questions asked.

James

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