Last week I jokingly commented on the absolute disinterest of the market place in CLRS. Now, today we had a total volume almost 10 times of what a day's trading was a week ago.Here is a link from businessweek.com for the last 10 trades of the day.http://host.businessweek.com/businessweek/Corporate_Snapshot.html?Symbol=clrs&go.x=9&go.y=7Look at the last trade at 16:00:28 for 31,300 shares. There were many days over the last several weeks, when that would be the total trading for a whole day.Then look at this link for all of today's trading, but lumped into 90 second segments.http://host.businessweek.com/businessweek/Historical_Quotes.html?Symbol=CLRS&StartDate=03%2F27%2F02&EndDate=03%2F27%2F02&Type=5&Format=0&Button=Get+QuotesThere were 5 trades of 10,000 shares or more, all apparently on the buy side, with the most notable trade of 75,000 at 13:15.Does anyone have a clue as why the pick up in interest on the buy side. Personally, I am glad to see some interest. Given that we are very close to the end of the quarter, would this be an indication that CLRS will make or beat its financial performance guidance from Feb 13 ? Tex
Tex, don't read too much into this. Someone is taking a flier on Clarus. CLRS has formed a trading base around $3.75 so someone is bottom fishing and thinking they can get a quick 20% return.