I wouldn't be surprised to see that the company is doing all it can to keep the price somewhat below its recent 52-week high; it's tough to interest new investors (which they are looking to do over these couple weeks in the IC's) if the stock price is at too much of an inflated price; its move over the past few months is nice for present investors; but new investors don't want to make an initial investment if they feel the stock is priced too high above an entry level they are comfortable with.
Calamp, in my opinion, with it's impressive move out of single figures, is at the starting gate of a nice move higher, given the impressive comments by Burdiek in the last couple conference calls - if you haven't read them, they're must reads; and I'm sure he's relating that same information to potential new investors at the Investor Conferences. These are not the same risk takers that were looking at Calamp when the stock was in the low single digits. These investors see a company that has an impressive number of successful quarters, turned in by a number of profitable segments which have become postive organic growth drivers. A couple of them have major contracts that are about to come to fruition over the next couple quarters, and next year, joining other segments that are already producing excellent profitability.
Whatever the present "floor" is for this stock price, I wouldn't expect it to hold for long; the chart, and Burdiek's forward looking comments, indicate the stock is headed much higher.