We are gonna throw a longer term one out there....

CyberArk...

CyberArk Software Ltd. surged the most in more than a year on a report the cybersecurity company is in initial merger talks with Check Point Software Technologies Ltd.

Check Point, the world’s top firewall provider, is in early negotiations to acquire CyberArk, Israeli newspaper The Marker reported, citing unnamed sources. Shares of Jerusalem-based CyberArk, which focuses on privileged-account security inside corporate networks, jumped 18 percent to $44.74 10:29 a.m. in New York after earlier rising as much as 25 percent, the most since November 2014. Check Point rose 0.8 percent to $79.43.

Shares of CyberArk, which went public in September of 2014, more than tripled in value through mid-June as a rash of high-profile data breaches fueled bets corporations would expand their security budgets. The stock had been cut nearly in half from that peak amid concern the pace of growth in the industry would slacken and valuations had reached excessive levels.

Check Point’s Chief Executive Officer Gil Shwed has used his considerable cash hoard tostep up efforts to defend against younger competitors, buying two cybersecurity startups last year, his first acquisitions since 2011. While a potential deal with CyberArk, with a market capitalization of $1.4 billion, would mark a significant shift from Shwed’s prior tuck-in acquisition strategy, the combination would make sense, analysts at JPMorgan Chase & Co. and Barclays Plc said Wednesday.

“If such a transaction were to occur, we think the financial benefit to Check Point would be a net positive with added growth and expense synergies long term,” Barclays analyst Saket Kalia wrote in a research note. CyberArk “represents a specialist in a growing market and this is not the first time we have heard news rumblings.”

Press officials at Check Point and CyberArk declined to comment on acquisition rumors.

Interesting. I do know that the talks will cool a bit as with this rising price the stock will be more unappetizing and it will most likely cool off after the news blush wears off and wander down a little bit. Thus we are going to go out three months on this one and park it on the shelf.
Our in is below:

Now grant you this is not a guaranteed home run, this play is risky. We are betting that something will go wrong in the talks or things will stall out for a while so investors lose interest and the price starts to wander down. I am about 2 for 5 with these kind of situations. But when Im right, the stock usually goes down a significant amount especially if a deal is called off.

Don't forget to check 5 to 10 min before close to see any end of day orders. You might want to sign up to my twitter account @tradecontrarian for orders sent right to your phone via twitter. That way you won't miss anything especially in the last few min of the market.
Imagine this: You are on the can at work. Its 2:54. You realize the market is about to close. Your twitter pings. Its me telling you to place an order. Quickly you flip over to your online account and place the trade. Who says you can't get any work done in the bathroom?
I will be on 10 min before close. I have gotta figure out which way this market is going to chug.

Tradinginsider