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: Don't look now, but shares of regional banker Flagstar Bancorp
So what: Yes, the stock also plunged more than 12% yesterday -- not a good week by any measure. Yesterday's drop came from disappointing quarterly results; the encore rides on one analyst downgrade and another target-price cut.
Now what: When fellow Fool Anand Chokkavelu invested some real money in a basket of regional banks last week, he used Flagstar as an example of what not to buy next to peers Synovus
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