traded today, with some big block buys. Blocks over 100k traded were buys of 276k,294k,275k, and 358k. Sells were 119k and a block of 410k at the bell. Perhaps todays jobs report(coupled with other data released this week) was what the street was waiting for. If MAR closes to a new 52 week high(near 42) in the near future, I think we could see a new trading range of 42-47. Should MAR meet eps for the 1st qtr. on 4/16, the ttm eps will be 1.82. Trading range of 23-26 pe. A range MAR has traded at in the recent past.
Another strong day of over 2X normal vol. on a near 4% gain. Nice comments from Cramer(see summary page) which he highlighted during a segment on his show on CNBC. Joe Terranova also gave MAR a buy rec during CNBC's noon show. Lets hope the momentum continues :)