Trading Ichimoku

It seems that 3PAR has been winning quite a fair amount of deals from the smaller companies.

Note: I use ‘smaller’ to compare these companies with the likes of financial institutes where they may already have existing storage solutions.

I see this as a positive sign as it is generally easier to close such deals compared to the bigger and more bureaucratic companies as the sales process may be longer.

Full Article here:

http://www.marketwire.com/press-release/3Par-NYSE-PAR-1001259.html

It seems that 3PAR must have start catching attention.

Today, it crosses the $10 mark and on very high volume (relative to its average).

It will be interesting to watch how this develop further.

Perhaps, like PALM, we may soon see 3PAR’s institutional ownership going up.

And that is a good news.