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 Goodyear Tire & Rubber (NYSE: GT) deflated a tire during a burnout today, falling 10% after a presentation to investors today.

So what: At the Deutsche Bank Global Auto Conference, management made cautious comments that sent investors fleeing the tire maker. The presentation points to soft volume across all regions, cost savings below inflation, and the Thai flood impact as negatives for the company.

Now what: The company said results for 2011 were strong, but recent trends had been more challenging. The market seems to have priced in an extremely challenging market, with shares trading at less than 6 times 2012 earnings estimates. With the company targeting $1.6 billion in operating income in 2013 and the company's market cap at just $3.4 billion, I think this stock is worth the risk.

I'll even back up my statements with an outperform CAPScall, giving Goodyear a green thumb on My CAPS page.

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