Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of TeleCommunication Systems
So What: The company just landed two fresh satellite systems orders from the U.S. Army, followed by a big upgrade from analyst firm Wedbush Morgan. The stock already jumped more than 40% on Wednesday, thanks to an even bigger military contract.
Now What: The good news is heaping on TeleComm Sys these days, but these happy arrivals follow a miserable first half of 2010. The stock is down by 47% year to date, even after this week's massive pop, while direct competitor General Dynamics