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: Travel coupons wrangler Travelzoo
So what: But of course, the big talk of the day was Google
Now what: Buyout chatter can be a powerful price catalyst. Pair that with a massive short position -- 31% of Travelzoo's float was sold short as of Nov. 15 -- and you have the makings of an impressive pop. But if the Groupon deal comes to pass as expected and nobody goes a-courting Travelzoo, be mindful of the effervescent effect wearing off before you take your profits.
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