This decline is one relatively light volume. The Russell 2000 Index rebalancing announcement - will CLCT be included in the index? - is after the close of this Friday's trading. Today's decline might be an attempt by short sellers to cover some of their position before next week. Of course we outside shareholders have no idea what is really going on.
Russell makes announcement Friday at COB. We should be included. Indexes have to be rebalanced by COB June 27.
Decline on very light volume looks like a short bear raid. I have an order in to reinvest the latest dividend just over $20. Volumes are still up 10% yr-yr. PSA did not run any low price specials in the quarter.
so do you really think CLCT rolling over to the Russell from Nasdq would give it any more viability? there are so many dogs over there, maybe it would. LOL but i think it is fine where it is and am trading accordingly.