$2.94 For Commerce Planet.

Hitting a high of $2.94 this afternoon, Commerce Planet continues to run. The company is likely benefiting from increased exposure to bigger investors after achieving market cap in excess of $100 mil.

Commerce Planet fulfilled and exceeded this key investment criteria for small cap fund managers and other institutional investors when shares hit $2.04 on Tuesday, closing at $2.35 on above average volume of 1,260,000. Since then, growth has yet to cease.

If this price holds we have a feeling alot of the doubters back in the $1.70 range will be kicking themselves.