Akram's Razor

The Comedy Of Commvault

"You're a funny guy"- Ray Liotta, Goodfellas

When a company reports results that surprise you, all you can do is swallow them and move on. Reality in this business is you are going to be right and actually wrong, wrong and luckily proven right, just plain wrong, and from time to time spot on. But sometimes a company will report exactly what you expected, and the stock will still surprise you. Commvault (NASDAQ:CVLT) on Tuesday did precisely that. After reading the report and listening to the call, I fully expected the stock to be down 10%. At best maybe down 5%. Instead it finished up 10%.

How does that happen?

Let's take a look at the numbers.

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details