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 battery specialist Valence Technologies
So what: Often when a stock makes a big move, there's a very clear reason for it. Sometimes though, especially when talking about smaller companies like Valence, you can see the stock make a big jump or pitch downward without any news at all. Today's move in Valence didn't seem to be driven by a particular news release, but the 2.1 million shares traded -- which is well above the three-month average of less than 600,000 -- suggests that somebody may be taking a big bite of the stock today.
Now what: We could speculate all day on why somebody might be moving in on Valence right now, and no doubt many investors are doing just that. In fact, the move in Valence may even be encouraging the upward action today in fellow battery makers China BAK Battery
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