David Trood/DigitalVision via Getty Images Clarus (NASDAQ:CLAR) has performed badly since we last covered it. Good news is that the sale of the precision sports business, the ammo business, got them into net cash: no net debt issue anymore. The issue is that the end markets are weak and that the business needs operating leverage. There is some incremental cost cutting coming in and the company is pointing to new product launches towards the end of the year, and the hope is that a strong Q4 summer season ...