#1 Dell would have to pay an enormous valuation for the company at/near/above IPO price. #2 Rax is currently a large customer of Dell -- buy the services piece only to lose the hardware sales, doesnt make sense to me. #3 Mgmt is not likely a seller at/near current levels. #4 Dell is said to have gotten a look at a private equity deal long ago and didnt even want to take a look, why do it now then at a much much much higher valuation?
When I saw that the Dell rumors might be why the shares surged today, I sold my remaining 4,000 shares. I bought RAX originally at the ridiculous offering price of $12.50. As of YE 2008 I was down over $27,000. I bought some more shares lower in early 2009 and by getting out today at 11.70 to 11.90 I ended up with a final profit of about $2,500. I really don't care why the stock went up - I am just happy to have my money back.
I'm glad you made your money back, but based on what you said you have no business whatsoever being in the stock market. Complete emotionally based irrational trading. You may was to stick bonds and cd's etc, or at least just go with mutual funds. You will just loose when it comes to the stock market unless you completely change your way of thinking.