The entire week 8x8 trends sideways. Then all of a sudden in the late afternoon it jumps from ~1.45 to 1.8 on huge volume and no news (volume for day was about 12x avg volume). Ends up 42% for the day. Afterhours, big new contract announced, and ends after hours up 73%, for a total change of 147% from previous day's close. 2 things -- 1. Feel free to discuss anything 8x8 related, or VoIP related. Any good VoIP plays that are bounced to go crazy in the coming year? 2. Martha Stewart went to jail for insider trading, and to set an example to the rest of the insider traders. I personally don't think she should've gone to jail, but rather a huge monetary penalty (like giving up all stock sale proceeds from that trade) would've sufficed. But anyways, I find it hard to believe that in this case, the trading on 8x8 was just coincidence. Stocks don't go up 42% based on non released news unless someone knows about it and is buying cause of it. Will the SEC investigate this? Will someone be going to jail? . This is actually why I was against MS going to jail, because it happenned every day before her incident, and continues to happen every day since, she was just the one unlucky person to get singled out. So why doesn't the SEC investigate these kind of anomolies? Find out who did the trades? And why they decided to buy a boat load just before a huge announcement?