Nimble Storage, Inc. (NMBL)

[Blutribe]

SeekingAlpha article out today....
A Nimble Investor Can Take Advantage Of Second Chances
Jun. 12, 2014 (NMBL)

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)
Summary

Nimble Storage stock price may have given investors an opportunity to purchase shares at or around its IPO.
Nimble's growth opportunity is supported by their financials.
The average target price for Nimble presents opportunity for significant returns from current levels.

A Nimble Investor Can Take Advantage of Second Chances

Last December Nimble Storage, Inc. (NMBL) entered the public world of investing through its IPO. The stock began trading in the mid-30s before soaring to over $57 intraday in February 2014. At the writing of this article, the stock price is below $24 per share.
Over the last seven months, Nimble has had quite a roller coaster ride and now is in jeopardy of trading below its initial public offering price of $21 per share. Sound familiar? Perhaps the most anticipated IPO of the decade performed similarly. If you're thinking of Facebook (FB), you are correct. Second chances for investing seldom happen with companies that offer a growth opportunity like Nimble Storage, Inc.

Nimble designs and sells a flash-optimized hybrid storage platform that it believes is disrupting the market by enabling improvements in application performance and storage capacity using data protection. Nimble's flash storage products provide a powerful platform for business critical applications such as Microsoft exchange and SQL Server, and are integrated with the best-of-breed solutions from industry leaders like Cisco (CSCO), Citrix (CTXS), Oracle (ORCL), VMware (VMW), and Microsoft (MSFT). In short, the company's software and storage systems handle various mainstream applications, including virtual desktops, databases, email, collaboration, and analytics. One of the major benefits of Nimble's products is the number of different industries they serve. The company sells its products through a network of value-added resellers and distributors to a range of industries comprising cloud-based service providers, education, financial services, healthcare, manufacturing, state and local government, and technology across the globe. As of July 2013, Nimble had over 1750 end-customers and according to their May 29, 2014 press release they now have more than 3000 end-customers.