On August 29th,
Sean Williams authored an article (posted on The Motley Fool) that contained comments about three stocks he
believes should be sold, rather than held, and, in that article, he mentioned
Textura, a company I began posting about just prior to its IPO.
Sean’s
article begins with this paragraph:
“Unrealistic expectations”
“The construction industry may have
found a floor with lending rates near historic lows, but I don't think that's
going to be enough to save software developer Textura (NYSE: TXTR ) from keeping its current market value.”
Here’s a
link to the full article that Sean wrote (and be sure to read the comments
section as well):
Note: Textura closed at $40.43 yesterday afternoon
(Sep 4, 2013), up significantly from its IPO price. Market
cap is approaching $1 billion; this, for a company that hasn’t yet reported
a profit and whose projected annual sales are less than $50 mil.
No comments:
Post a Comment