Sunday, August 2, 2009

COPSynch Software (COYN.OB)

COP Synch is a small Texas company with a great product in my opinion and the two founders have an excellent plan and are both experienced police officers as well as business managers.

I mention this hear, as my second OTC trade, since I think it is a great product and after they presented last week at the Federal Law Enforcement Day in D.C. the volume rose as I expected. Volume still isn't huge but it was 3X avg volume and price was up as well.

PR here: http://www.globenewswire.com/newsroom/news.html?d=170105

I picked this up some time back based on what I saw in their application of current technology and reception the product has been receiving as well as the assistance they provided to help an agency with a $10M grant proposal to purchase and install their software. I removed my limit order on it and will be watching this as a potential investment or longer term swing trade.

Happy Trading...

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