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5/10/2010

Clarus (CLRS.PK) announces a deal

“Clarus said it was paying $90 million in cash for Black Diamond and $45 million for Gregory Mountain Products. Half of the Gregory payment will be in stock at $6 a share and the rest in a seven-year, 5-percent note.”

The stock was up today 20% today. I was expecting a higher price from today’s announcement.I need to listen to the conference call for more details.

Today’s direct Insider micro cap value buying was seen with NUTR, AFFX, ATGN.PK, EVOL and SLI.

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i was buying additional NUTR and LUB shares today.