Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: In a burst of massive trading today, networked storage specialist Compellent Technologies
So What: The reasons behind this stunning move are many and compelling: Compellent just reported superior results in the third quarter, the company is thinking about finding a buyer, and those catalysts may have triggered a serious short squeeze. The stock price has now just about doubled in three months.
Now What: This is more than just buyout chatter as Compellent reportedly is down to choosing its financial advisors for a sale. This is exactly the kind of next-generation storage business that becomes the prize in bidding wars these days, and both NetApp
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