How can i mend/repair my hair straightner?

http://images.cjb.net/0be73.jpg

My hair straightener is the same as in the above picture....
It's been just 4 months i bought it but the cord started getting loose and today it sparked at the point where the cord is connected with the straightner!! n now it's not working!! what can i do!? can it be repaired??
Arrghh it was too expensive n it didnt lastt long i'm so p*ss*d any help!???