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 Houston American Energy
So what: Someone got an itchy finger this morning and sent shares soaring at the open. It looks like just a single trade accounted for the bounce, and shares have since settled back down, up 1.4% as of this writing.
Now what: The company had its shareholder meeting yesterday but hasn't released any news today. No reason to make a panic move today unless you were lucky enough to be the seller at the open. Sometimes strange trades happen, especially on low-volume days like today.
Interested in more info on Houston American Energy? Add it to your watchlist.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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