G&M"The Globe and Mail
$20.94, up $2.48
The shares of the Internet gambling software company climbed to a 52-week high. There was no news from Toronto-based CryptoLogic Inc. and management suggested U.S. institutional interest may be driving the stock price."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Looking at the chart, it may have just been a technical breakout. Based on the earnings trend, favourable forex to the reporting US$, expanded products and customer base, multiple languages added and the good job Lewis Rose is doing, I think the market expects a pretty good Q, I know I do. Cheers!!!