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: Zhongpin (Nasdaq: HOGS) shares fell 11% during trading today after the company announced it will be expanding operations.

So what: The company will invest up to $62 million to build a meat processing plant in Changchun, China. The facility will also include a logistics center and an R&D center near the plant.

Now what: After a good earnings report last week, I would think this added facility and potential growth would leave shareholders excited. The momentum downward is striking today, so I might wait a while to jump into this stock. When it does settle down, though, this added facility should help fuel growth for Zhongpin going forward.

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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.

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