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: Want an up-close look at how crazy Mr. Market can be? Fool, I give you VirnetX
So what: I can’t find a report that explains why VirnetX soared, but it may not matter. This is the eighth-most watched stock in our Motley Fool CAPS database, ranking ahead of such names as Electronic Arts
Now what: Whatever caused the pop, the euphoria had already come and gone as of this writing. The lesson? As sexy as VirnetX’s stock story is -- what could be better than cashing in on a trove of LTE patent treasures? -- investors are better served sticking to the fundamentals. VirnetX doesn’t have much to work with in that department. Do you agree? Disagree? Weigh in using the comments box below.
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Fool contributorTim Beyers is a member of theMotley Fool Rule Breakers stock-picking team. He owned shares of Qlik Technologies at the time of publication. Check out Tim'sportfolio holdings andFoolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insightsdelivered directly to your RSS reader. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insights makes us better investors. The Motley Fool has adisclosure policy.