Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
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 Star Scientific (Nasdaq: CIGX ) fell 12% today, continuing a downward trend.
So what: Star Scientific, a tobacco curing technologist, started to fall off its high horse on Thursday after a long run-up, and it looks like the momentum continues today. There wasn't any significant news driving trading, but volume has again reached 6 million shares, which used to be off the charts for this extra-volatile stock.
Now what: Fellow Fool Brian Pacampara warned of buying into last week's sell-off, which looks like wise advice after another long fall today. There may be long-term drivers that will help the stock, but in the short term, this stock is a traders' dream, and investors should tread carefully. After all, the company doesn't have any significant revenue -- only the hope of products that show promise.
Interested in more info on Star Scientific? Add it to your watchlist.