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 solid-state storage pioneer STEC
So what: There is no news today that would support a STEC spike, though the intraday chart for fellow SSD technologist OCZ Technology
Now what: This looks like a simple case of small stock plus big trade by actors unknown equals a massive price move. SSD storage could be the technology hit of 2011 after failing to deliver on its promised catalysts in 2010, but there's no reason all the gains would come on the first trading day.
Interested in more info on STEC? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.