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 vehicle auctioneer specialist KAR Auction Services
So what: A glowing value-based recommendation, published after hours last night on Seeking Alpha, inspired an impressive but low-volume and quickly erased price spike. Such is the market-moving power of popular blogs when dealing with thinly traded stocks like KAR.
Now what: If you like the used-car market, KAR stands about a belly button below quality competitors Comerica
Interested in more info about KAR Auction Services? Add it to My Watchlist.
Fool contributor Anders Bylund holds no position in any of the companies mentioned. Motley Fool newsletter services have recommended buying shares of Copart while another recommended shorting Copart. They call us "Motley" for a reason. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Check out Anders' holdings and bio, or follow him on Twitter and Google+. We have a disclosure policy.