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: China Green Agriculture (NYSE: CGA) shares fell 10% in trading today.

So what: This follows a similar drop yesterday after there was a lawsuit filed against the company and allegations of securities fraud appeared. The stock hit a fresh 52-week low in trading this morning and has bounced slightly since then.

Now what: We warned yesterday that the lawsuit and allegations of securities fraud spelled trouble with a capital T. Traders agreed to push shares lower from the start this morning. I see no reason to own this stock with a cloud hanging over it right now.

Interested in more info on China Green Agriculture? Add it to your watchlist by clicking here.