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 accused patent troll VirnetX
So what: Analysts at Craig-Hallum initiated coverage with a buy rating and a $50 price target. The market proceeded to have a panic attack, sending volume through the roof and the stock higher when it was down on the day.
Now what: Why should you care what Craig-Hallum has to say? You shouldn't really. The market has been grasping at straws with VirnetX and as a result the stock has been on a roller-coaster ride for the past year and this is just the latest case.
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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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