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 prepaid wireless service provider Leap Wireless International
So what: Last night's third-quarter report put pep in the Cricket network owner's step. Churn is lower, subscriber additions are trending up, and revenue is on the rise.
Now what: Direct rival MetroPCS Communications
This, of course, is hardly a unique strategy: Verizon
Interested in more info about Leap Wireless? Click here to add it to My Watchlist.Fool contributor Anders Bylund holds no position in any of the companies mentioned. We Fools may not all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Check out Anders' holdings and bio, or follow him on Twitter and Google+. We have a disclosure policy.