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 Chinese networking equipment maker UTStarcom
So What: UTStarcom is going backwards just as many Chinese stocks are experiencing massive revenue growth. In networking equipment, Cisco
Now What: Let this be a lesson. While many China-based stocks are ready to pop, not every Chinese stock is worth your investment dollars. In UTStarcom's case, a history of negative returns on capital and declining revenue should tell you all you need to know.
Interested in more info on UTStarcom? Add it to your watchlist by clicking here.