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 mobile security researcher VirnetX
So what: Around 2 p.m. Eastern, the rumor mill and message boards ran hot with the idea that Apple
Now what: VirnetX investors should be ready for the other shoe to drop, sending the share price like a rocket -- in either direction. A victory or settlement in the Apple case would be huge, but a defeat would crush the stock. A valid patent is a good start, but not a guarantee of ultimate victory. The only safe play on this hypervolatile stock is to either stay away or place options bets on high volatility.
Interested in more info about VirnetX? Click here to add it to My Watchlist.