Why is the stock price of Collectors Universe up so much?

Longacre

Just curious if anyone knows. The 52 week low is $3.25, but today it is trading at $13.50. Any thoughts (seriously)?

paigowjohnny

Did they reverse split ??

IvanOnly

According to MSN it has been on a decent rise for 1 year.

I looked over 4 years and t was at like $40 in 2000.

So it has dropped and started rising again.

EagleEye

Link to financial report

They sold off their auction companies (B&M, etc..), and had a much better year than last. It's up $1 today alone. Too bad I only have 200 shares.

PhillyJoe

$21 million in the bank and no debt.

I'm not quite there yet.

Joe

topstuf

An ACG "takeover" candidate, perhaps?

SethChandler

Warren Buffet

fishcooker

Geez, weren't they below $1?

nwcs

The reverse split and getting rid of the unprofitables helped a lot.