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: Camelot Information Systems (NYSE: CIS) popped 10% in intraday trading today after the company announced it will participate in two investor conferences and a non-deal road show.

So what: Camelot will present at a William Blair Growth Stock Conference on June 15 in Chicago and a BNP Paribas U.S.-listed China Equities Conference on June 20 in London. In addition, management will meet with investors in San Francisco, New York, Boston, Toronto, London, and Continental Europe between June 9 and June 24.

Now what: Several Chinese companies, including Longtop Financial Technologies (NYSE: LFT) and VanceInfo Technologies (NYSE: VIT), have been accused of accounting fraud, raising concerns about the reliability of financial reports from other Chinese companies. These fears pressured Camelot's stock on Monday and Tuesday. Last Wednesday, Camelot announced a $20 million stock buyback program. Last Friday it issued a press release providing more details on its financial statements and bank accounts. Management's willingness to ride out and look investors in the eye suggests there are no affairs to hide at this Camelot.

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