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 LDK Solar (NYSE: LDK) surged 10% in intraday trading Tuesday, on speculation that the recent buzz out of Germany about feed-in tariff cuts makes a hard cap on solar installations a lot less likely.

So what: It's no secret that the German government has been considering alternatives to moderate the growth of its solar industry. A hard cap on solar installations would have dealt the biggest blow to the solar space, but with the chatter about proposed subsidy cuts growing more and more each day, Mr. Market is breathing a sigh of relief that its worst fear probably won't come true.

Now what: I wouldn't rush into LDK just yet. With today's surge, shares of LDK have more than doubled over the past six months, while the sector is down during the same period. Today, LDK is once again reacting more positively to the news than Chinese solar stocks like Canadian Solar (Nasdaq: CSIQ), Trina Solar (NYSE: TSL), and Yingli Energy (NYSE: YGE), so there should be cheaper ways to get into the space.

Interested in more info on LDK? Add it to your watchlist.

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Try any of our Foolish newsletter services free for 30 days.

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.