Below is a stellar-like transient found by Eric Christensen of the Catalina Sky Survey in Lynx at: R.A.=8h03m24s.60 +/- 0s.07 Decl.=+38o18'35".9 +/- 0".5 (equinox 2000.0). Maximum magnitude observed here was determined to be 15.9 (R). The duration of this animation is about 45 minutes with 15 minutes between exposures. IAUC 8452 says: "Nothing is visible within 0'.5 of this position on the Palomar Sky Survey or in the USNO-A2.0 catalogue."
S. G. Djorgovski, A. Gal-Yam (Caltech) and P. Price (IfA/UH) report: We obtained a spectrum of the apparent counterpart of the OT in Lynx, reported by Christensen et al. (GCN 2849), using LRIS spectrograph on the WMKO Keck-1 telescope, on UT 2004 Dec 16.6. The object is a probable M dwarf with a prominent H-alpha emission line. The colors of the proposed counterpart in the SDSS archive are also consistent with a late-type star. Therefore, the transient was most likely an unusually strong stellar flare associated with this star, and not a GRB or any other exotic type of an event.