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: Shares of auto retailer Pep Boys
So what: Bloomberg is reporting that Bank of America
Now what: It doesn't sound like private equity buyers are going to be willing to jump in, and competitors don't have much reason to buy out the much smaller company. Right now, Advance Auto Parts
Interested in more info on Pep Boys? Add it to your watchlist.