CRLU, Cart the financials they reported last
week showed both promise and concern. Their revenues increased 256% from the same period last year, but their bottom line suffered.
Now with some companies the market ignores bottom line figures and looks to only revenue growth, but by the lukewarm reaction to the good news of last week, CRLU will need a couple of additional pr's like last week then I think the market will react strongly and sustain a higher level. Last week, it popped then pooped.
I took a small loss in getting out, but I still think linkage with Honeywell is promising and a stock to watch for additional news.
Modest O/S with promise, but now needs to build on what they pr'ed last week for the market to take it back to b/w .50 and 1.00 like it was b/w August and October.
IMO...it's one to radar for future pr's.
Have a good one CART,
Bo
