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 China-based telecommunications technologist AsiaInfo-Linkage
So what: There was no real news on this stock today, but a Seeking Alpha article penned by Kapitall just pegged AsiaInfo as a strong buy in a screen-powered article. Other small caps with favorable mentions in that story have also outgained the broader market today, including fellow IT services specialist VanceInfo Technologies
Now what: Kapitall points out that AsiaInfo has performed poorly over the past 30 days and calls it a potential short-squeeze candidate. AsiaInfo has actually had a terrible 2011 in general -- on the heels of a disastrous 2010. The merger between AsiaInfo and Linkage, consummated last July, hasn't created the telecom services giant that management was hoping for, and margins are plummeting. I feel like I've said this before, but please be careful with these easily misjudged Chinese stocks.
Interested in more info on AsiaInfo-Linkage? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.