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SHU Portfolio: Why We Cooled On Pareteum

April 17th, 2019 · No Comments

  • The company is going gangbusters and in fact the whole sector is rapidly growing.
  • The two acquisitions the company executed recently seem a good fit.
  • Yet the weight of evidence is that the company is too aggressive with its backlog numbers and/or conversion rates.
  • While as of yet, there isn’t any compelling evidence that management is aggressive with other accounting and/or projections, investors should keep a wary eye.

Source: SHU Portfolio: Why We Cooled On Pareteum – Pareteum Corporation (NASDAQ:TEUM) | Seeking Alpha

Tags: TEUM