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: Motricity (Nasdaq: MOTR) shares jumped 10% after JPMorgan Chase (NYSE: JPM) increased revenue expectations for 2011.

So what: JPMorgan maintained an overweight rating and bumped its price target to $31 -- a price the stock has already almost reached. Third- and fourth-quarter 2011 and 2012 revenue estimates were also increased because analysts think customers for the company's mobile data solutions will start to ramp up purchases in the second half of 2011.

Now what: Motricity continues its incredible ride up since its IPO in June with today's move. There may be some risk of momentum traders giving up on this stock eventually, but I think the market will stay bullish with the better revenue outlook. Fundamentals are improving, and I'm not about to stand in the way of a stock on a run like this.

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