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 Internet company SINA
So what: It looks as if SINA and Baidu
Now what: With the market up today and the tendency of Chinese stocks to be volatile even on quiet days, I'll chalk this up to another head-scratching move. No reason to change your investment thesis, but if you were looking to buy in it might be tempting to kick yourself today. Before you do, remember catching a falling knife is almost impossible, and this may be a sign investors are ready to jump back into this stock meaning maybe, just maybe, shares are going to stop falling. We'll see if this holds up tomorrow.
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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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